"CrowdStreet" was one that I ran across last night, and I've seen others. 

It's more of a cultural thing than a normal cleanliness thing, guess.Getting to know and network with a REI Investor would be a bonus, but obviously not required.  

Kicking out the poor also kicks out culture.

You don't know the areas, language, culture, demographics, trends, municipality, local laws, taxes etc.

I ran the numbers by hand on a sheet of paper, now i want to double check it with the calculator.

although if you can move in an out really really quick that can mitigate.when I ran my HML in PDX  the guys I saw pay the most were the smaller rehab contractors who were basically buying a job.. they figured if they could make wages plus a profit.. they would take on skinnier deals.... those deals would not work for an investor who does not strap on a tool belt.

I ran the deal through my analyzer and based on your GSI and using 40% in operating expenses (Vacancy, Property Management, R&M, Taxes, Insurance, CAPEX), this is what I came up with.

Hello fellow BiggerPockets members I'm not feeling completely confident in the numbers I ran on this multi family does anyone here have experience in multi family?

Hello fellow BiggerPockets members I'm not feeling completely confident in the numbers I ran on this multi family deal.

Hello fellow BiggerPockets members I'm not feeling completely confident in the numbers I ran on this multi family deal.