I'm also looking outside of my area so if you hear anything or vice versa let me know how you find a way to manage outside of your driving distance.

And vice versa, if you are able to somehow negotiate down in price and purchase for below the assessed value, could you get the taxes decreased?

Guess I am assuming that one 10 unit building would have fewer issues than three quads since you have fewer moving parts--one roof vice three, one plumbing system vice three etc...I'll likely be using a management company sine I don't expect to be local to the properties. 

Doing one makes you that much better at the other & vice versa. 

A poster with a high number of votes relative to their post count is probably posting a lot of things others find helpful, and vice versa.

The reason is because there are not many other sales in the area for me to formulate a typical cap rate from.For what it's worth, I have read as much as I possibly can on due diligence for multi units but there appears to be some contrary vice, some people say use cap rate, some people say cap rate is useless, some people say to verify expenses with the landlord before running the numbers, other people say that's pretty much impossible, but the main underlying pattern I see is that experience trumps everything.I've never bought a multiunit before so I can't just go off of my experience here, so I'm hoping someone more experienced can help point me in the right direction.The building is a standard four unit apartment complex with two floors and a central staircase.

Why not go for a multi family vice 2 single family homes if the cash flow works. 

I am Vice President of PIN, on my third year in the role.

Smaller cracks vice versa. 

I'll have a lease signing in weeks, at a higher per month rent amount, vice my competition who can be months and they are $50-$75 less a month.