So yes, if you use a PM, 50% could be your avg annual expenses.Mine run about 25% on single-fams, 38% on multis where I pay w/s/g. 

Hi All -My husband and I are looking to buy our first multi family property on the east side of Providence, RI.

Check out the winter 2018 Fannie Mae report on multi-units in Denver (i.e.: apartment rentals).

After college, I knew I wanted to pursue my law degree and I ended up back in CT because I missed my very large Italian family (also law school is f***ing expensive so financially it made a lot of sense).

All of my multis in Providence are around $1600-1900/year. 

I am concerned about being "over leveraged" even though the lender I am working with says I could do this Multi Family property.

For example, the arm of our business today offering the full services of a management company to just under 500 doors, utilizes online management software, owner/tenant portals, online tenant screening, advertising and applications, online PDF fillable leases, electronic signatures, walk through inspection apps, online maintenance coordination, lots of texting, etc.

I was currently considering flipping a couple houses first before investing in multi-family, just to build some capital again.

I can only conclude that the people arguing for rent control are simply corporate shills willing to protect multi-billion dollar corporations like the Jewel grocery chain, while hammering much smaller landlords.

This is sort of a rough draft of my plans, I would either like to get a multi-family (nothing bigger than a quadplex) or single family 3beds at least and house hack them for cash flow.