Low repair/Cap Ex and great potential appreciation.The one thing to keep in mind is which property is likely able to help you scale faster?

They argue that their renovation is top notch, so the price is justified, which may or may not be true, but but generally the high quality of the renovation does not pay sufficient dividends in the form of increased rent, so the price to rent ratio just isn't there.They typically advertise a 9% to 13% cash on cash return, but be careful, this is their "first year projection" and in their first year they do some things that I find a it deceptive, such as not accounting for vacancy because they place a tenant prior to closing, and they budget essentially nothing for repairs or cap ex since it is renovated and they offer a warranty. 

. $2,200 for 6 units will likely not even cover maintenance/cap ex but we will say it does.  7% PM is $770.  5% vacancy is $550.  

Rent 1900 (appraisal came back 1975) 500 taxes and insurance (high deductible insurance to keep costs down) 25% assumed expense ratio for maintenance, vacancy and cap ex. 

I said, Joe, I thought you were an ex-ray tech.

For as long as I can snag deals like this - https://www.biggerpockets.com/forums/52/topics/1193019-says-...And I know that you guys have similar numbers in Detroit, I couldn't care less about the "keyboard cowboy" data.Virtual $ex with Jenna (Old Playstation game and sorry ladies) is different to real life.Same as the online stats, demographics and data...They don't/can't show the real life micro economic data of tertiary cities.Well, they can but they aren't accurate just like Zillow isn't in my market.Micro is very different to MacroJust my 2 Aussie centsPeace, I'm out 🤠

If you just want to buy rent ready properties and start collecting rent I would caution that you don't over leverage as you will only increase your cap ex spending all while eating into your cash reserves/equity.

I feel like all the calculations ( ex 4 square method analysis) and cash flow are going to be not reflective of out current situation since we will be living in one unit and renting the other two units.

It's brand new so there should be very little in repairs or cap ex for quite some time.

MF hedges against market shifts and cap ex. also doors are a multiplier X so if i have 100 units under 1 roof and 1 of my tenants moves out and trashes the place well thats only 1% of my expense.. as opposed to 1 SFR which would be 100% of my expense.. the only aspect I could potentially agree with is the liquidity.. but lets start off with IF you are investing in holding real estate then you SHOULD be holding LONG TERM. so liquidity is only a tertiary calculation.