Whether it's through sustainable practices, adaptive reuse, or innovative space planning, the possibilities are endless. 

My father was a member of the IBEW out of Local 6, so I have a deep respect for your profession.Are you planning to use the BRRRR strategy on a 4-unit, or are you leaning toward a turn-key investment?

Building confidence, a plan, and understanding your risk tolerance are all keys to success. 

The best way to do this is to renovate a unit or two to the specifications to bring it up to market.  

We plan to renovate it ourselves and turn it into a 1200sq ft 2/1 to STR.

Your specific variable expense assumptions are wrong, BUT you stumbled into them being correct overall.Also, you are approaching this correctly - entering in the numbers to generate a purchase price that meets your metrics:)

@Jill Young I may have a product that can work for you depending on the property specifics. 

What specific details do you look for in a lead (e.g., financial info, property condition)?

We are planning to hold it for 5 years and bought a rate cap to cover the entire hold period. 

Specifically, what research results told you these were two good cities to invest in?