1) Ocwen blows 2) I've a title guy you should speak with 3) what county?

Do you have something that speaks to the specific cleaning necessary at the duration of the lease? 

Ask to speak with some of their current owners and current/former tenants.

The "variables" you speak to could mean this is worth every cent of a 5.4% cap rate to "I wouldn't touch this for a 12 cap".  

Please speak with your tax accountant asap or find a 1031 intermediary asap.

If you are not familiar with the eviction process I would start researching it for your area or speak with an attorney.

Generally speaking, Boston proper is an appreciation market (low cap rates) unless you have a solid value-add play.

We run a Real Estate Notes Show where we speak with many of these types of investors teaching them different strategies. 

Speaking of iteration, allow me to share with you the iterations and processes we go through in our Multi-unit Acquisition Program: After a client gets pre-approved for financing, we go through multiple deals to find the best ones that meet our metrics.

@Summer Shelton yes, FHA loans do allow this but make sure you speak with your lender about some of the trip ups from these loans.