Conclusion was pretty obvious for me.Great point.

@Steven CatudalIf your partner’s main role is finding deals on the MLS or manage tenants, obviously a real estate agent does this and is paid commission. 

So I just wanted to present the raw facts, hear everyone's opinions, and obviously gain some knowledge and tips from investors! 

Obviously the thicker the better. 

Frankly I have been to dozens of wholesaler walkthroughs where its blatantly obvious the seller has no clue what is going on.

We obviously bought the 4-unit property under our names and not an LLC in order to qualify for the loan.

I have referred a loan out of state based on NOI, cap rate at purchase, room for increase income and purchase price vs market value.Maybe I didn’t articulate the intent of the post as clearly as I hopedFor anyone who has bought multi family out of state, “what are gives you the warm and fuzzies about a deal”:Obviously not cap rate, but maybe vacancy rate,  Cash on Cash ,GRM, IRR, Unlevered free cash flow, Cities over 250k?

And the obvious, again well documented, FOR PROFIT.... 

My opinion is that it's totally up to you. 

Obviously there are risks if I get laid off and would loose all the tax savings and be paying out of pocket for the property, but are there other things that I should consider?