It’s especially advantageous that your construction costs are lower due to being a builder, which really boosts the overall profitability of the project.The numbers look strong, especially with a refinance at 5.9% the $24k net after expenses and $12k yearly pay down show a solid return, even with conservative estimates.

Many people were making money hand over fist from low interest rates, strong stock prices, hugely appreciating real estate (both LP, GP and housing prices).  

You can argue that you can get an education somewhere else, but without a strong community, you will face an uphill battle in your multifamily journey. 

I would say personal asset protection is #1 but lower cost is a strong #2.   

You definitely need a strong house manager in place with a policy and procedure manual.

Over the last year I have built up a strong Home Repairs business (Eastern NC Home Repairs) that services New Bern, Greenville, Jacksonville, Morehead City, Kinston, and Havelock.

However, the potential upside remains strong.

Boston area, even outer suburbs are 2x the price of Philly but offer very strong appreciation and solid demand for tenants.

Columbus has a strong rental market due to the growing economy, population and job growth.

We find it highly unlikely that the Legislature, having demonstrated its strong commitment to the protection of tenants from unjustifiable evictions, would have intended to permit the eviction of an exemplary tenant solely for the reason that the federal government has found her qualified to participate in the Section 8 housing program pursuant to which the government pays a portion of her rent. ”)