Solid cap. rate on the property and was eager to see the deal through (never be an emotional buyer, I didn't follow my logic).

with 100k you can buy a SF or a Duplex with 10% or better net cap refi cash out buy another rinse and repeatAll the best  

Cash on Cash ROI, Pro Forma Cap Rate and Purchase Cap Rate.GOOD DEAL is only based on Monthly Cashflow greater than $200 but I really want to factor in the Cash on Cash ROI metric.

Adding $1 of NOI to a 5 cap adds $20 in value. 

Solid cap. rate on the property and was eager to see the deal through (never be an emotional buyer, I didn't follow my logic).

They also have caps on rent increases. 

I had originally thought I would rent for year and do a 1031 to avoid cap gains tax,  but I was told since I am a real estate professional ( I am a broker),  I would be exempt from cap gains.    

In the Reno, NV market there are better cap rates on single-family than multifamily because the the supply issue of multifamily.

(Some properties have negative cap accounts at this point.) 

@Daniel Ben-Hur - It really is going to depend on whether you have cash reserves for vacancy, repairs and cap ex.