Each step you take reveals a new horizon.

Hi @Alexander GoodwinWelcome to BiggerPockets.read and listen at the site to expand your horizons

If the numbers are right now, and you have a long time horizon, would you kick yourself later if you passed on it?  

You're in the right place to expand your horizons in investing and our local market is on fire.

@Chris W.You've gotten some great advice, particularly around putting together a wealth building strategy.As a local, and assuming you have already determined you want to make REI a part of your wealth building strategy, I'm going to be a little more specific.Assuming your horizon is further into the future, and you're more interested in building wealth than immediate cash flow, I would buy land along the 75 corridor.  75 is being widened up that direction.  

I am looking to branch out and broaden my horizons.

What would you estimate your investment horizon/holding period to be on a multifamily investment and what would you estimate your cost of funds to be?

Each step you take reveals a new horizon.

Each step you take reveals a new horizon.

ARM's are good if you're on a short term horizon - you know you'll be able to pay it off quickly or have some other plan (cash-out refi into a 30 year fixed when the repairs are done, flip it in a year, etc).