The reason you have so many people in this thread calling out what you said is because of how obvious it is that you are spreading false information in a thinly veiled attempt to generate leads for your PM, sales, rehab, marketing, everything.

They appeal to students looking for a more private and homely living situation.Multi-Family Properties: Duplexes, triplexes, and small apartment buildings can offer higher rental income and spread the risk across multiple tenants.

It’s true that operating expenses can be deducted immediately, while capital expenditures are typically spread out over a longer period.

If they are paying out 5% rates to their customers to relend out they usually need at least 150 spread to make any money.CMBS and LIfe Insurance can be lower on the interest rates but you can get yield maintenance or defeasance which is very expensive if you want to break the loan early.

One of the units does have a minor infestation of brown wood cockroaches, but since they haven't spread to the other units, I'm hopeful they won't be too difficult to exterminate.

My advice, don't go for a homerun, a base hit is just fine.. buy something solid and get educated about your market.Its sounds like you are spreading yourself a little thin with all those markets to study. 

The LIBOR historically has been lower than prime rate but the bank adds a spread to come up with your interest rate. i.e.

Depreciation Acceleration: The standard depreciation for residential rental property is spread over 27.5 years.

I've gone higher in quality, but the paint is thicker and a little harder to spread or I just wasn't used to it.

I just bought a similar deal in Columbus 16 units total spread amongst 4 parcels next to each other.