A nearby city with a lot of highly paid engineers.

The definition, like so many other words, has been replaced with what was that of desire. 

To scientists and engineers, it is called: "WTF is wrong with you, the data is right in front of you".Allow me to demonstrate what YOU  stand for.

@Jack Cottrell You Vacancy & Maintenance percentage are aggressive and may only work for a Class A rental/tenant.If the is a Class B or C rental that will attract Class B or C tenants, you should strongly consider increasing those percentages.NOTE: we deal with a LOT of Class B & C rentals, so we replace "Vacancy" with "Vacancy/Tenant Nonperformance".

Replace rear siding but not the other siding.

For the Houston Fourplex decks vs the Botanica Southpark renders - they are the same in terms of layout because they are the same programmatic model, which has been carefully value-engineered, and is being built in different markets in Texas.

And, if you were able to generate $500/mo cash flow as Scott suggests, his method would not replace your income: if you could do only 3 properties a year that would net $1500/mo cash flow and it would take you 10 years to scale it to $15000/mo.

If you are purchasing that MF property for $1 mil then you can use the 3 units as your replacment for the 1031 exchange ($750K of value) and live in the last unit ($250K of value).An awesome way to house hack your way up!!! 

Our program offers a range of coverage levels, including basic or special form coverage and actual cash value (ACV) or replacement cost (RC) loss settlement methods.

Quote from @Kevin Robert Highgate: The ability to invest in property and replace your W2 income quickly is tough.