If you have a good FICO, a decent down payment and closing costs, go ahead an do the first one. 

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Refinancing has more nuances than it seems, and so do closing costs.

Is there any good rules of thumb to estimating the cost of a boiler?

Those situations go bad more often than not, costing you money and the friendship.

It’s definitely smart to evaluate the tax and cost implications of your funding options.

In my business for example we texted about 35k people last month and got 163 leads and about 3 contracts out of that.What does that work out to "cost per contract"?

While living in a high-cost area can present challenges, it also opens doors to creative strategies, like investing out of state or leveraging partnerships.

@Dhruv Patel I believe you are getting ahead of yourself....Where in the US are you all-in (land acquisition, soft costs, hard construction) on new construction multi-family for $100/ft.

This lowered my cost basis per lot by 7k.