I always run the numbers as many times as I can in every scenario imaginable to see what each exit will bring me. 

Now, city like Chicago is a total different breed.

It breeds a loyalty that can be indispensable, and very profitable.I also recently went into a new market that I didn't have any good contacts in and wanted to talk to a couple different brokers to work out who I wanted to work with long term.

And you can't use leverage anywhere near as well in multifamily as you can in SFH.I'm sure there are exceptions.

I'm a all about learning everything I can in order to begin investing intelligently, so I'm going to try to learn from those of you who are professionals when it comes to REI and/or BIgger Pockets.Secondly--I'm a young, full-time working professional.  

Hard to believe, but because it's a residential vs. commercial loan (4 vs. 5), a 4 unit can in many cases sell for more than a 5 unit, just because the pool of buyers is so much more.And you will want to add "confirm legal use with building department" to your due diligence check list for future deals. :)

So find a broker who’s doing what you want to do and make the best deal you can. In

They will resolve the issue much faster than we can in the forums :)Thanks!

From there I just focused on learning as much as i can in my spare time.

What eagerness breeds is misjudgment and the lack of due diligence.