I actually had a guest tell me that my place didn't have a meat thermometer or an oven mitt.

Rents on this fourplex will be $6.5K per month and PITI at the 5 1/4 I was quoted with my mid-score leaves me at PITI of $3K.So my LTV will only be 40-50% and my Debt Service Coverage Ratio will be a little over 2.

Explaining where I want to go will help me at this point so please bear with me.

When I first got quotes on my duplex it was over 5% too and was considering buying points down to at least 4% because this is a forever property for me. At

A good video that was helpful to me starting out is: How to Analyze a Real Estate Market in 60 Minutes - Know More than a Local Expert - Neal Bawa… (BP frowns on link posting… so copy-paste in google, it should be 57 min long).For some other let’s say high level book on the “start-to-finish” for MF investing, helpful to me are:Wheelbarrow Profits by Jake and GinoMultifamily Millions by David LindahlEmerging Real Estate Markets by David LindahlCreative Cash by Bill Ham (helpful for ‘seller financing’ options)Once you get through the “philosophy” of these, some more “meat and potatoes” digging into the actual numbers and case studies:The Complete Guide to Buying and Selling Apartment Buildings by Steve BergesThe Complete Guide to Real Estate Finance for Investment Properties by Steve BergesYouTube has some good underwriting resources:Break Into CRE with Justin KivelThe Multifamily Show with James Eng at Old CapitalAdventures in CRE with Spencer BurtonBruce KirschLocal meetups… you’ll learn a lot from other investors in your market… an active local REIA is UCREIA (Upstate Carolina Real Estate Investors Association) they have a monthly main meeting and then various sub-groups that meet monthly as well.Ben Jones and Ivan Jenkins run Multifamily Investor Nation – Greenville, SC sub-group, they do a hybrid with in person and virtual together.

I have been flipping homes since 2009 and a RE investor since 04, so I would say it is worth it so long as you are working with good deals with enough meat on the bone for profits that make your return worthwhile.

Too much chance to be upside down, especially if there’s not much meat on the bone to start with.

The numbers become a “grand slam” after 3.5 years, but leaves me at next to no cash flow in the interim.$210k is a fair amount for the property.

So Rob,What are some of the locals favorites...Any recommendations that you like personally.Texas has the chains, Whataburger and Taco Cabana for fast-ish dining, that most people like.Hammerheads for all things meat, Grind for Burgers, Gravely for Beers, Please and Thank you for the best cookies in the city, Surnegos for the best coffee, and Jack Fry's for the best historic place to eat! 

Today though, they threaten to NOT PAY because of the eviction moratorium.Now, if I were to use an attorney on all 10 rooms, it would cost me at least 2000$ for each eviction… so, as you can see, the math is against me here