I think the numbers work better for a refinance than for a sale. 

Please advise if you have a good agent to refer who specializes in multifamily.more precisely in these areas:NashvilleKnoxvilleIndianapolisCharlotteRaleighColumbusCincinnatiHi Joseph, I'd definitely recommend looking at Columbus Ohio for large multifamily and apartments!

Thanks for the replies.

Thank you again for your response and insight.I have most luck utilizing the local MLS for minimum 6 month leases under furnished rentals  

People pay a lot of money for advertising, so here is your chance to gain valuable "real estate" for free (or for the cost of a sign).

For example my market, there are about 1-2 REOs for every 1500 sales.

For example, I hate to sell anything, but I am selling two properties to raise funds for a new primary that meets my goals.Study the market and really lock in what it will rent for.

This is for personal clarification. 

Thanks for any input. 

Northwest Arkansas has a lot going for it—strong job growth, solid demand, and a mix of rental opportunities.