You're not just learning from one person; you're tapping into a diverse pool of knowledge and experience from everyone in the group.

Any tips as it will probably be a 4 or 5 offer property in a good market?

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Could be they were on big lots and more pool house type or who knows.You might also have better luck if you are leaving the garage for use, and building the apartment on top of the garage.Let us know if you have success and the war stories.

I’m here to soak up all the knowledge I can, share my experiences, and connect with others who are just as passionate about real estate.I’m looking forward to jumping into discussions, learning from everyone here, picking up tips and best practices for multifamily investments, house flipping, house hacking, and BRRRR, as well as making connections and maybe even collaborating on future projects.Thanks for having me!

@Teho KimZillow tip: You can key word search for this.

Tons of clauses, tips, and advice in the forums.

This is a very valuable tip John!

On top of that, families have privacy, places to eat together and gather, plus entertainment options right in the home (pools and game rooms). 

Also, desirable amenities (pools, fitness centers, clubhouses) enhance the functionality of a community.