The key to me, to do it realistically, is to BRRR in your local area. 

Was wondering if any PM or investors can shed some light on what they see as realistic rents in the Biddeford/Saco area, and maybe why there is such a gap in the data. thank you! 

How realistic is this concern?

And realistically i would only like to put 20k-50k down so i can have some cushion if i want to force appreciation with little renevations plus relocation costs. 

Without this, it’s tough to calculate a realistic cash-on-cash return or DSCR (Debt Service Coverage Ratio).Condition of the Property: Are there any deferred maintenance or capital expenditures needed in the short term?

@Craig Sparling realistically most of the multifamily guys I know here in Chicago are using price per door.

I don't mean to be negative, but would like to be realistic.

Our numbers above also account for CAPEX, Taxes and Maintenance to give a better long term picture of realistic cash flow.

Yes, taxes and insurance are higher, but Tampa has strong rental demand, and you can still find properties in growing areas just outside the city where cash flow is realistic.

However, it is also important to have realistic expectations for San Diego RE.