Rates ticked down the most in a week for 2024, last week so sounds a hair high..we just priced a DSCR purchase for 5+ units just below that..Check in with @Joseph Chiofalo for a quick quote.

You will need some finances saved up, so you can pay for any repairs and fixes that the units may need.

@Damein White I have a buddy who has 50 MTR doors here, he just bought a defunct motel near the Clinic to convert to more units.

Reminds me of the godawful wood paneling I just spent a fortune to Sheetrock over.

If you provided more info maybe someone could give you names but are you building micro units, $25M palaces?

We had to travel to the unit and post the notice instead.

Additionally, the management of a bigger property does not linearly grow -- what I mean is that a 12-unit building doesn't require four times the management of a 4-unit building. 

New to house flipping, but used to flip multifamily rental units in Los Angeles for landlords and oversee project for the landlord so I'm not totally new to the game.

In your case, where your rental rate is $2300 for a 3-bedroom unit and the maximum voucher amount is $1650 per month according to local resources, there's a notable gap.

@Jonathan Quintanilla:  Yes, there are several products, designed for larger/fewer #'s of units.