Gutted and renovated the entire unit What was the outcome?

Conventional financing is a great option to get started if you have a W2 job or easily verifiable income and you're financing a 1-4 unit property.

We are looking to get into small multifamily (12-20 units ) once the sell is final (speaking it into existence!

Rather than face the fear of rejection or work on his self-esteem, he convinces himself that beautiful women are inherently undesirable. 

I agree that the best way to make money is self manage your short term rental (not AirBNB, that is a platform).

List price: 445,000.DP: 89,000Closing: 8900Total Invest: 97,900Projected mortgage: 2500Rent: 1700 per unit, 3400 totalTaxes: 42Insur: 263CapEx: 100Repairs: 100Vacancy: 100Total expense: 3105Cash flow: 295, 3.1% - 6.0% CoC return. 

The STR part plays no part in the valuation like @Patricia Andriolo-Bull said.I agree that 20% is pretty fair, but you could self manage it once you get things in order.

Long term $ can range from 6's-10% range depending on all types of factors - LTV, location, unit count, debt coverage, borrower strength, full doc or lite doc programs, etc..

I'm not quite sure what it would look like, but I definitely want my units back in rentable condition with as little down time as possible.Thanks! 

They have a $5mil builder loan for a 20 unit townhome community they are looking to refinance.