Purchased my first Oklahoma rental in 1997 and own a large portfolio today and am still buying.

My post above might seem harsh but I'm really just trying to give the hint that if this poster is a real person (and not AI), then they need to stop with these posts and be more human if their goal is to attract clients.

Hello BP community, My husband and I have been saving and are finally ready to jump into the real estate business.

Here are some hard numbers from my end:40k — 60k down payment6% minimum CAP rateMultifamily — 2 to 4 unitsColumbus, OHSome of the questions I have revolve around the actionable steps I can take as well as the hard numbers I should be on the lookout for when analyzing a property as being a good deal or not.I would be more than happy to schedule a call at your earliest convenience to discuss the details.

I started out with a house hack, and I would say that that was definitely safe for me when I was in college as I could afford the Mortgage even if my renter didn't pay.

If you are talking about 2-4 units, then it's really no different in my opinion.

That's pretty low for a 3-BR - I'm seeing the FMR for a 3BR in that zip code is $1,850.But at $1,300 for rent, you'll probably find HMLs that may lend you around $120k if you have a good credit score in my opinion, which means you'll need $45k + closing costs.

@Mark Towey I don't "farm" areas personally, it doesn't really fit the niche I'm personally going after, but what I have heard from some major agents in my market lately is that farming is not near as productive as it used to. 

The PM rate in every area is different, in my experience, some are low percentage and low quality and then there are some that have high percentage and low quality.

One of my favorite quotes from Napoleon...