I also question whether this $700K six unit is a true 10.5-11% cap.

That is where the magic happens and where true connections that can enhance your journey are made.

This will provide a better reflection of the property’s true market value based on its current use.DM me if you need more insight

I received a lot of hate on here, almost like i'm a "slum landlord" which is not true at all.

Everyone knows it's not true. 

Lenders unfortunately don't want to foreclose on a home with 6,7,8 homes on a property that's a true single family home.

Very true.

It's not unusual to find true 10% cap rates in Bing.

While this works, it’s not always a true “turnkey” setup.In other cases, the entire process—acquisition, renovation, and management—is handled under one roof.

This is becoming more true for government employees clearly given the recent "Use It" act which will require 400,000 government employees to go from a remote to a hybrid role which started in January of 2024 and will continue to ramp up as time goes on (Source 1, Source 2)This trend will continue as companies realize more increasingly they need to be at least hybrid to be competitive.