While it will not reduce the actual cost it will help with the monthly cash flow.I am curious if this was a single-family house converted into a double.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Rising maintenance costs, turnover, Taxes, and other expenses will also contribute to this.  

But for large multi-family, that amount hardly covers your legal fees for one transaction, let alone down payment, due diligence costs, lender fees, other closing costs, etc.

The issue is our land value is high, so the structure value is low compared to the overall property cost. 

The calculator that we use can factor in what the effect would be if you earned less.

Why is your mortgage cost so low at only $44k/year?

Hey Cameron, for experienced investors I can lend up to 100% of the purchase and rehab costs on 1-4 unit properties.

The marketing functions is where the very host cost comes in.

Time and practice will still teach you as you do deals but it will help you understand what things costs for the size of the property