The tricky part is to measure the water and compare it to the meter dials.  

It is poor management to try to find ideal tenants based on arbitrary measurements.  

One way to offset a lack of experience is to mandate that you use a professional property management company, which is in reality a good idea anyway until you have a measure of experience under your belt.The larger the property the more the lender will want to see that you have some prior multifamily experience, even with a professional management company in play.

@Stanley Kong  There are disclaimers on listings.. any item on a listing is subject to second party verification.I really like the big bold one on the Charleston SC MLS system" if square footage is important measure"  this clearly denotes sq. ft. is estimated if you want it exact you need to do your own measuringIn the foreclosure or distressed asset business some of the best deals are when the bank or seller mis states sq ft..

And 36 Other Key Financial Measures" - the faster you can get to making data-driven decisions for everything, the better.Good luck on whatever path you take!

Her measurements and information were even wrong.  

Just knowing that I have to admit to another person if I flake helps me a lot.See if you can hook up with a friend that has big measurable goals for this year and try it out.

And 36 Other Key Financial Measures 2nd Editionhttp://www.amazon.com/Every-Estate-Investor-Financ...Landlording on Auto-Pilot: A Simple, No-Brainer System for Higher Profits and Fewer Headaches Paperback – July 28, 2006http://www.amazon.com/Landlording-Auto-Pilot-No-Br...Stay away from Rich Dad hype books, but it's worth reading them to understand your competition's mentality. 

I know it is not going to be easy but, why should I worry, i'm a bigger pockets member ;) Seriously, I had a few measure in place before even conceiving this endeavor. 

That potential gain measured against the additional cost of your debt at the higher rate is how I would approach your question.