If the home is 100 yrs old, I'm assuming it's a definite gut which is going to require new plumbing, electrical, heating, cosmetics.I spent about $140K reno on my multi family in the heights on NY ave and there were massive problems with it but it was a gut to 3 units & adding 2 bathrooms, 3 brand new kitchens 4 bathroom reno in total, all new flooring, sheetrock , insulation, framing, doors, electrical, plumbing, paint, parts of roof etc.

To add to your excellent points, it’s also important to consider the tax implications of a 401k loan.

A duplex could be an excellent choice to help you ease into multifamily without feeling overwhelmed.

Hi Chris, this is an excellent way to get into real estate.

Even if you have an excellent team built with plenty of trust, it's really difficult to do this without having lots of face time and rapport building. 

This is an excellent post. 

Medical destination with excellent care.Arts and culture of a large metro and THE BEST football team (plus the Taylor Swift boost!) 

Excellent feedback, thank you @Kevin Sobilo

Here's a rough copy of the excel.

It can get testy at times but its an excellent learning opportunity and you will always have cashflow, weekly South Florida is going through a transition.