If one or more units are vacant, the remaining units often don’t provide enough cash flow to cover expenses, making it harder to meet operating costs.Maintenance costs: A fourplex comes with four times the appliances, plumbing, HVAC systems, and other components to maintain, leading to significantly higher repair and maintenance expenses than single-family homes.If you want to see the detailed calculation, read this BP blog - More Units Doesn’t Mean More Money—Why a Single-Family Home Can Beat a Fourplex.Resale value: Multi-family properties have a limited buyer pool—mainly investors—who base their offers on CAP rates.

https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...

I’d suggest starting there, or if you’re comfortable with Excel or Google Sheets, customizing a simple flip analysis template yourself.Final Thought:Since this is your first flip, starting with a modest project can help you learn the ropes without risking too much capital.

Here are some great resources for you to check out: The Book on Estimating Rehab Costs https://www.biggerpockets.com/forums/12/topics/862964-wholes...Wholesaling Calculatorhttps://www.biggerpockets.com/blog/rookie-241?

Here is a nice article from Biggerpockets for MTR 101 https://www.biggerpockets.com/blog/how-to-invest-in-medium-t...

Feel free to send me a dm to connect. https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...

Hello Bigger pockets just dropped the blog link attached with current hedge funds buying single family homes .

Likewise, a property manager should be added to a landlord's policy.From my blog: What does it mean to add your property manager as an additional insured?

Memphis is a strong rental market with reliable tenants, so while the cash flow might seem modest, it should be stable enough to keep the properties cash-flowing and mitigate risk.If you were to buy directly through an agent and build your own team, you could save some money, but you’d also take on more risk.

I was on BP Money Episode 325:  https://www.biggerpockets.com/blog/money-325For some reason the signatures in the Forum seem to assign random podcast numbers to past guests, I’ve noticed this with other people as well.