Here's the article for more interesting facts and figures. https://www.nar.realtor/blogs/economists-outlook/mom-and-pop-business-owners-day-landlords-of-small-rental-properties Typically there' not much differences between CRE MF and SF MF cap rate, the difference is WHEN the property in that market is reaching 5% cap rate, in Palo Alto CA that cap rate is entered in 2002 maybe, but in Texas or Florida it may entered the 5% zone in 2015-2017.

This helped because the buyers kind of looked upon me and related to me as if I was their son or grandchild.

The reason I'm doing this for obvious long term wealth and to be able to commit to this full time,  but I also have a 7 month year old son who has down syndrome. 

@Anthony Knight Anthony, I recently created a wholesaler Excel workbook for my son.

Hi, I am thinking very hard about diving into real estate investing for the first time, but my situation right now is that I currently still have a mortgage on my primary home which I plan to sell in 4 years when my son finishes high school (have about 200K of equity from this home).

One of my tenants died and after his death, his son with a bad drug problem was squatting in the house begging the elderly neighbors for food and money. 

I just learned my mom has been referring to me as her "millionaire son" even though I've never told any of them what I earn or what I'm worth. 

I met her of course, she gave some great advice (not legal ) to my younger son.

My son graduated with a degree in engineering also and I saw how hard he studied.

(Don't want to wait though)Depending on the  property - you  will likely going to need to  up your offer price  and  loan amount to  correspond to the higher  price ...a  40K increase in price wont  make a  huge  difference on the new loan amt ...if this   ruins the   #s  on the  deal - wait for  another property where it makes sense