I want to become a multi-family investor to achieve financial freedom.

First off a 10 Unit is commercial not conventional so the qualification requirements are higher and you need to understand the loan parameters.

Selling one unit is my go to plan when starting a portfolio....other unit should be pretty low leverage after a sale

According to the auctioneer, one unit is occupied.

But that's what investing is.....deploying capital to achieve a return based on risk.

Yeah, we both want to have the tallest buildings, but we don’t have to tear down everyone else’s building to achieve that.

Do you have a family member or friend who's achieved what you want to achieve?

@Kaleb DeCook I’m in a town of about 2400 and have people banging down my door to rent any unit I have available.

Using the 50% rule (taxes, insurance, Capex, maintenance, vacancies, property-management), that should give us ~19K/month in pre-tax profits that achieves our 10k/month financial goal after-tax and adjusting for inflation.Our assumption is that building new-construction would reduce capex & maintenance the first few years. 

When the unit is vacant is an ideal time to address issues because its easy to work on and isn't impacting a tenant.