You also said you have great tenants and they’re worth their weight in gold!

TKS,TB" style="-webkit-font-smoothing: antialiased; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: 1rem; line-height: 22px; font-family: inherit; vertical-align: baseline; position: relative; overflow: hidden; height: 208px;">Hello BP Family,I'm a new Investor starting a Rehab in the DFW area.

Not sure what unit count you're considering but the nice thing about jumping above 4 units is the bank will put more weight on the performance of the property than your own personal finances. 

@Steve Dudeck, the 100K purchase price will be lessened by depreciation like @Bill Brandt said and increased by capitalized expenses as @Chris Hirst said. 

The bridge is in rough shape and the engineering firm I had looked at it said that it would only support the weight of a pickup truck but would not support the weight of a cement truck or larger weights required for development or required by the fire marshal.

Some of the best I have read are:- The Hands Off Investor - Brian Burke- The Best Ever Apartment Syndication Book - Fairless and Hicks(I realize that the above books are heavily weighted in syndication, but feel these contain valuable information that does apply to MFHs)So I ask the group, what books about multifamily investing have you read that have made a day to day impact on how you have acquired, financed and/or managed your multifamily properties? 

It is like having heavy weight champion on your side. 

This can help keep occupancy consistent and can lessen the effects of tenant turnover, along with the timeliness of finding a new renter. 

It certainly sounds like a spring snapped and the full weight fo the door came down.

I say this because we're seeing a shortage in housing with low-interest rates drawing in more buyers and, because of the forbearance program, folks can sit tight and weight to sell their home for more as home prices are increasing.