@Hector Espinosa While cap rates can vary widely from one market/city to another and from one type and class of property to another (and based on the quality of the tenant), I did a quick search on LoopNet for MF properties currently for sale in SD and most "asking prices" suggest cap rates in the 4%-5% range.

Taking advantage of these digital tools will help ensure that you reach a wide variety of potential tenants quickly and easily.

good luck  Here in Boise, I have a client, he is having an ADU put on his property this week:1 br 1 ba, 448 sq ft. 32 feet long, 14 wide.

The key is marketing on a wide distribution of channels to get a billboard effect and attract those mid term renters.  

Hi @Dan Weber I'm looking from Around the Augusta Waterville area, but open a little wide too.

With all the specifics being the equal, how could the range be so wide?

You really want unbiased investor advice so I would focus more on the responses that are from investors (or anyone) living in one area in their bio, but telling you about another area that the invest in where they have no vested interest.It's not to say that all agents are spamming, most is pretty reliable advice on their area, but it's still to be considered with a grain of salt.You are giving everyone too wide a scope to help you - anywhere in the US, and then limited to the Midwest (huge), and others.

Couldn't that become the case again now, if subto becomes a more widely-adopted strategy? 

In general I'm saving for repairs to the property, but we all know that this covers a wide spectrum.

Most of the time you can find a local bank or credit union that will beat these country wide lenders In my experience.