Additionally, I spoke with a broker last week about multifamily trends in the canton, OH and the surrounding area and he said trends show average price points around $35k-$40k for market properties, so maybe you can find distressed product around $25k a door? 

Is it strictly by looking at the trend of the past few years?

Please don't think I am trying to talk you out of it; was just trying to give you information so you can make a decision.There are pluses like knowing what buyers are looking for, having access to information for comps and area trends. 

Hi @Aaron Jones,Here it is, directly from Fannie Mae (which for the record is not "the government" in the way you are thinking):Variable IncomeAll income that is calculated by an averaging method must be reviewed to assess the borrower’s history of receipt, the frequency of payment, and the trending of the amount of income being received.

I’ve seen a fare share of deals, situations and trends in our area.

Are you familiar with the Dallas market, and if so, would you share your opinion on trends within the local multifamily market?

But in 1.5 years we are still not where we would have been had this trend not occurred.  

I know where it is, but I can't say I know much about its demographic or economic trends.

I would NEVER put a brand new stainless steel stove in my basement apartment, even though I could jump through some permits hoops and magically make it legal.

Like $83,843,640,000 worth of it in Q1 of 2016 based on them numbers.http://www.realtytrac.com/news/foreclosure-trends/q1-2016-u-s-foreclosure-market-report/