Hey Zach, If you are looking into DSCR loans to finance these properties, most lenders will require the following: 1.

I’m currently evaluating whether to go with a Fund Model instead of a traditional JV for an upcoming multifamily project, I will be working as a developer looking to do work with a more experienced developer on a larger scale multi-family opportunity.

If you are seeing a lower occupancy, that is happening because you are out of the current ranking system.

@Patrick Pan, if I was operating in a state where that was a concern I would just contact their current landlord for a reference.

It currently only has four units rented, although I would like to turn the 5th unit into my own, so that I can move out of my parent’s house and “househack” for a little.

If i use 2.5% long term CPI and 75% LTV, the return from appreciation on a new purchase would be 10% or double your current return on that equity.  

but mostly considering Ohio or Indiana at this point.

You have to be an active manager and many current owners are not wanting a second job and are selling.

You’re currently getting a 10% return PLUS appreciation.  

Money now is very good because you are new and ready to do all the work, but the examples you'll hear about are people posting on BP saying, "well, I did all the work and they got a lot or most of the profit."