Also I have not worked out the financing yet. if I just use my cash then the Cash on Cash drops to 8 or 9% and that would be below my Cash on Cash target.Generally speaking and of course just numbers I picked out of the air for reference when running numbers in my head, I am looking for Cash on Cash greater than 15%, high probability of long term occupancy, and no expected major Capex for 2.5 years after purchase and purchase time repairs which I would add into the cash on cash evaluation before pulling the trigger.So there are some more details to be worked out in my head but being it is my first one and only learning what I could from youtube videos I thought I would get some feedback.With all that said, in my head it seems like it could be a good start.Thanks again Jaycee and Gavin for your feedback.

Quote from @Devan Szpak: Investment Info:Small multi-family (2-4 units) buy & hold investment.

While that may be good for the 10% pref investors, you may have been better off holding another year and getting another 7%.Related to this, I generally don't like preferred returns as a passive investor. 

I got an email today that the BOI requirement was on hold again since the fifth circuit reinstated the injunction today.

Quote from @Stepan Hedz: Selling fees (estimate), $30,000, and holding costs?

Looks like they just released another update video. 

Investment Info:Single-family residence buy & hold investment.

I kept find info about it being a scam and another thing that throw me off is on one of their videos there was this guy that I seen before on another Real Estate commercial.

And if so, to what % of "ok, this could happen" did you hold? 

then, there are holding costs while you rehab - servicing the loan, insurance, utilities, the rehab.