BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

I have done this before and now find the risk just to high.  

Section 8 is best used as a risk mitigation tool for properties in super low income, high crime areas.

@Polat CaglayanI've never seen a formula but here is a general rule of thumb for multifamily:The class of an apartment refers to the quality of the building, which can be determined by a number of factors, including age, location, and condition: Class A: These are the highest quality apartments, typically built within the last 15 years.

very high risk even I only do them with very specific investors in mind and a plan. we dont flip land we develop every one. 

Highly suggest coming out to some of the local chicago IN-PERSON meetups! 

Hopefully things continue to progress, and you come out on top with a huge equity position/high cash flow when it's all completed. 

The high end is the 20 or so co ops on 5th Avenue or Park Ave (one is on East End Avenue) that require liquid assets of $100 million + to gain board approval.  

I currently work remotely as a Manufacturing and Quality Manager for an AI infrastructure company based out of the Bay Area.