I will be using a 203k FHA loan with a 3.5 percent down payment.

A good rule of thumb is to spend no more than 10 to 15 percent of your home’s value on any single room.

See project examples at https://multifamily.phius.org/ Partial prefabrication reduces construction cost by 5%, and designing for constructability can further reduce cost by thirty-nine percent.

See project examples at https://multifamily.phius.org/ Partial prefabrication reduces construction cost by 5%, and designing for constructability can further reduce cost by thirty-nine percent.

Is 5% CapEx and Maintenance a fair percent?

It should be the same for a trust, but I'm not 100 percent sure 

Find a good cleaner and handy person to cover yourself.Why pay a property manager 30-40 percent of your overall?

Most people only sell about 4-5 homes in their lifetime, whereas you'll hopefully be selling that many every WEEK soon.5) Hustle.

I like to do 15-20 year loans, I don't like the typical 30 because I too would like to see my portfolio paid off in my life time! 

Ie good debt to income ratio and 15ish percent down payment.Or are they more likely to turn down because of inexperience in management a building that size?