@Cameron Porter ultimately the most important part is the ARV, inclusive of the expected rehab costs.

@Isaac Hanai I am a multi-family agent and multi-family investor in St.

Just make sure the management part is taken care of.

Learning how to use the correct tools and materials for a job, YouTube videos and even ChatGPT will help you get through 80% of the problems you will run into.My rule was I would not mess with HVAC, plumbing and electrical Or if it would take more than a few hours. 

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

Vacancies hurt all parties involved!

DFW is a fantastic market for multi-family investments, thanks to its strong job and population growth.

It took some digging, working closely with a title company, and negotiating with multiple parties to get it resolved, but in the end, it was a great learning experience—and a successful deal!

I was sent an offering memo by a broker selling a multi-family building in an area no reasonable person would even consider affordable housing material yet the marketing materials made a point of emphasis to detail how the property would satisfy the need for affordable housing.

Quote from @Michael Lam: Hi All, I'm an out of state investor looking to start a rental portfolio in the Cleveland area for small multi families (2-8 units).