While it is not rocket science, there are several key factors and you need to know how to do them, including finding and locking the deal, finding the buyer to match the investment, and how to properly structure the deal.

Had a friend landlord that got a huge quote and said "hell no" and the company kept dropping the price, so don't be afraid to haggle the price...its not rocket science to super heat a house.... ....he ended up cranking the heat for 24 hours and it solved his issue.....cost of 24 hour of heating bill was way better than company price.....

In saying that it’s actually not that great for MFR.2% is much better. 200k gross income $1mill purchase.Because from the $200k income about 50%-40% off for OPEX.Another way is to do a market research in the rents and notice of the current actual rents are bellow market.  10% or more bellow market can be a sign for good value add opportunity.Multifamily is more complex to underwrit then houses but not rocket science.

But it isn’t rocket science. 

This inst rocket science, think like a contractor here.

Because, it’s not rocket science.

Good points @Erik NowackiMy meter is getting a strong reading now, the rockets are about to fire and the siren will start blaring any minute.  

There is no real prayer of him being able to refinance this in the future to the point where he would be able to afford the property because once the loan would change from I/Only to fully amortizing, the payment is going to sky rocket as mentioned previously.

I assure you it isn't rocket science.

Bottom line - this isn't rocket science, anyone who is mechanically inclined can do it.