Collin, I don't want to discourage you and I am just looking out here, just be mindful that you would be going into it with 5% down payment and underestimating building expenses could be very risky.  

I think, though, that it's important to look past it and actually analyze expected rent vs expenses and mortgage payments.

I'll let other LPs fund a Boston multifamily expert's likely expensive education on the challenges of the self-storage business in Nashville. - How are the deals you purchased in the last three years performing? 

House hacking is a fantastic strategy for individuals looking to start building wealth through real estate while minimizing their living expenses.

Overall the KS side of Kansas City is more expensive than the MO side. 

Direct mail is one of the most expensive ways to market.

And the other 50% of the property tax and 50% of the utilities as rental expenses.

If you can improve a property and increase revenue while decreasing expenses, the property increases in value. 

Your way is simialr to cap but doesn't account for expenses...

Some areas are more expensive though.