(130-150k range). ( I do not live in NY so primary residence loans would not apply).

@Anthony Swain @Brandon Croucier  Found a Five unit in my price range and the numbers work which is really hard to find in the area.

Depending on your area and price range I would suggest getting into a Multifamily 2-4 unit first if possible.

I'd like to know what are the normal rates this is usually done in this rental price range and how usually management companies charge.2.

While duplexes may be limited to specific areas zoned for multifamily use, single-family homes with ADUs can be found in a wider range of neighborhoods, including more desirable, family-friendly, and high-appreciating areas.#2 More Privacy for Tenants:With single-family homes and ADUs, tenants get the advantage of more privacy and independence compared to multifamily properties where tenants share common spaces.

For background, we're looking at condos/apartments, single family homes in the price range of $250-$350K.

Between that price range there are opportunities for value add/ distressed single families.

Can we add an electric range or is that illegal (which is what I hear)?

Recently I saw some decent sized laundromats that were priced in the $600-$850,000 range.

If you're looking in that 65%-70% LTV or even lower range, then you're able to make some things happen.