I mainly want to ask if these assumptions are reasonable and if there's anything I haven't considered:(1) multifamily units in NJ close to New York City, ~$1,000,000, 20% down payment, (2) Using the following assumptions: 4% appreciation rate, 6.5% interest rate and 5.0% refinance after 5 years, $10,000 yearly maintenance fee(3) ~$6,000 monthly rental and assume 3% increase yearly with 5% vacancy rate(4) Based on the above, the calculated IRR if selling at the 10th year is ~19% (considering tax benefits) and ~17% (without tax benefits).

Short of that, you may target employees of Canada-based companies with a presence in KC (this is easy to find on LinkedIn).

On Facebook marketplace you have to call it an apartment since they don't have a commercial option.

Just one additional option.  

They have decent rental markets, and there are options where you could get in with a 20% down payment.

I want to be able to find potential markets/listings nationally based on the return. 

So bye-bye all the Brrr's and Multi's and what not, we need SIMPLE, right, a good simple SOLID base-hit, right. 

(aside from the 1 or 2 homes that have stunning overlook views).When building out your buy box, are you all using the averages, or are you basing your min/max on the cream of the crop listing revenues, even when there aren't clear reasons as to why they are performing so much better than others?

This is how much you need to increase your room rate to become profitable based on last year's information.

Based on some of the research done, I am inclined towards starting out with a small multi family investment property (2-4 multi family home).