Hey @Corina Eufinger thanks for the tips!

I encourage your friend to forward the unredacted prom note to the SEC via this link https://www.sec.gov/tcr Click on Submit a Tip.

Good tip on Payrange. 

Examples could include:Partnering with other investors to share risk.Using seller financing or lease options.Leveraging creative rehab techniques to save on costs.Negotiating with contractors in a unique way to reduce expenses.I’d love to hear any stories, tips, or approaches that helped you pull off a deal others might have instantly passed on.

@Lorenzo LopezPretend a map of Boston is a pool of water.

So let's assume you have significant enough equity in a property to pool together a reasonable amount of starting capital.  

If one or more units are vacant, the remaining units often don’t provide enough cash flow to cover expenses, making it harder to meet operating costs.Maintenance costs: A fourplex comes with four times the appliances, plumbing, HVAC systems, and other components to maintain, leading to significantly higher repair and maintenance expenses than single-family homes.If you want to see the detailed calculation, read this BP blog - More Units Doesn’t Mean More Money—Why a Single-Family Home Can Beat a Fourplex.Resale value: Multi-family properties have a limited buyer pool—mainly investors—who base their offers on CAP rates.

Welcome to the community and be ready for a huge amount of information at your finger tips.

One more tip – people remember stories that trigger their emotions.

Another tip: I think if your schedule and time allows it, go and stay at the property for a night or two.