Quote from @Tayvion Payton: Hey everyone,I'm evaluating a multi-family deal and could really use your insight.

Summary of expensesNOICap Rate Condition of the building systems  

We then leased the home out to a long-term resident who signed a multi-year lease.

The referral fees, which operate similar to a multi-level marketing models, often incent these students to post the rare assignment fee check that does get done to every social platform they can and make it seem like they have an "in' with the guru leading the program. 

Solar panels and backup battery system installed in 2022, I have a loan for the system so that would eat into any sales.I'm in San Antonio, Tx.

Did you know that you can bank with some of the newer systems for property management?

Investment Info:Small multi-family (2-4 units) buy & hold investment.

There’s demand for rentals in the area, and multi-family properties tend to hold value even in market shifts.New Construction: With SWFL growing fast, new construction is a big play, especially if you can tap into neighborhoods where demand is rising but inventory is still limited.

Do you have a particular system or software that’s been a game-changer for you?

I'd love to own a small multi in NOLA, so if you find some good pockets and info, you'll have to let me know!