Coming from a family of lawyers the ones in my experience that make less than that are usually just not that motivated or are not that good at what they do.  

I have referred a loan out of state based on NOI, cap rate at purchase, room for increase income and purchase price vs market value.Maybe I didn’t articulate the intent of the post as clearly as I hopedFor anyone who has bought multi family out of state, “what are gives you the warm and fuzzies about a deal”:Obviously not cap rate, but maybe vacancy rate,  Cash on Cash ,GRM, IRR, Unlevered free cash flow, Cities over 250k?

Asking me for LLC docs few times over and quoting on a rate sheet that was for single family and not town house.

The ability to turn single-family lots into duplexes or even split lots for separate units can significantly boost rental income and property value.

Outside of real estate, I enjoy Working out, training my German shepherd, and traveling with my family.

Our target towns are not in the urban centers but more suburban towns with good schools are moderately priced homes for families.

Investing in AZ, NV, ID, where you have family or friends that is a day away and you can start to build a network and team to help manage a property.  

They mentioned how Dom helped them narrow down neighborhoods for a multi-family purchase and even flagged potential zoning issues before they made an offer.

In this case S8 is probably not a good option.If you are convinced you can find a great family that will take care of your property, then either option is fine for you. 

Investment Info:Single-family residence fix & flip investment.