I just turned over a unit in middle of August.

Investment Info:Large multi-family (5+ units) buy & hold investment in Bryan.

We use Appfolio for our long term, but I think you need a minimum of 100 units now, which is sad.

Don't get me started on the national debt and the amount we pay in interest each year.

Today, I used those proceeds to purchase a 5-unit commercial retail building without coming out of pocket at all.

I'm in the Tampa Florida area and it has been very accurate for me and my units. 

@Michael HoustonSo cap rates are for commercial properties so they have no use in 1-4 unit values.

Rents are high in this town and I think folks just don't sell their multi-family units very often.  

Seller financing can be a fantastic way to get into a 4+ unit property, especially in a competitive market like Chicago.Have you started reaching out to owners directly or networking with agents who specialize in multifamily properties?

One quick point, you can create sub-virtual accounts for each unit / room by property which I imagine would be helpful if you're renting by the room for your third property.