Unfortunately, it cannot be used for a 2-4 family property, only single family properties. 

Quote from @Geritt Shipley: Hello, I've got a single family home in Portland, OR and the tenants began hearing rats in the attic about a month ago.

., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

I'm trying to raise funds from my family and I am being asked to produce pro-forma scenarios at 2, 5, and 10 years which should include IRR and ROI.

Quote from @Casey Wilson: Hi there, I was wondering if any Detroit-metro experts from the PB community could offer advice on what areas in the Detroit-metro area might be worth exploring for rental properties (ranging from single family homes to 5+ unit apartment complexes).

If you have a lot of family in OK, that can be a great place to start assessing since you have dedicated boots on the ground, as well as a reason to visit.Don't overthink the analyzing of markets when you are still figuring things out.

Sorry to hear about your friend, I have recently lost a deal because of similar circumstance, investor had a death in the family.

Investment Info:Single-family residence buy & hold investment.

Meanwhile, gross rents of $1,800+ for 3-bedroom single-families is an achievable figure, so it’s possible to generate cash flow if you lever modestly.There’s a bunch of other stuff that’s worth highlighting—the economy, demographics, neighborhoods, new construction, and more.

If not, you’ll need to resolve these liens, which could complicate the investment.Current Occupants: The family living in the property could be protected under Massachusetts’ tenant and housing laws.