What price range are you looking for?  

I live in Hawaii so finding a Multifamily is going to be a little out of my price range haha but thanks again!

There are some pockets in this lower price range but they are hard to find and sellers won't let them go for the price you want often. 

This puts the current market rents of $885–$925 per unit well within the affordable range, with room for modest increases post-renovation.I’ve also reviewed competing properties in the area; apartments seem to be listed between 975 -1000, and houses are listed between 1300-1900.

I'm happy - the floor plan is exactly what I was looking for - tri-level 4/4- which is hard to find in the price range I wanted.

If comps for a 3 unit property are in the 950k range, then that is what it will come in at.The revenue from the STR will have no bearing on the value of the property itself.People argue about it from time to time, but I spoke with 10 different lenders, banks, credit unions, private lenders, etc etc and they all said the same thing.

As a result, mid term rentals can do exceptional here and there are quality multi family units in the $250k/door range. 

And feel you'll have more options / strategies to explore with a tri or quad plex in the long range.

I also have a wide range of other investments, including stock options, which I plan to rely on in retirement.

However, properties ranging from $100k to $50M or more have benefited from cost segregation.