As many have said, there is always a buyer for the right price, and especially in todays environment with such expensive debt, it is important to price correctly.

You don't turn over as much utility expense in multifamily.

For example, zoning might require a larger lot sizes for more units, or more offstreet parking than you can provide, or building codes might require the building be upgraded to have a very expensive sprinkler system if you add a unit.

Real estate is always expensive.

I am trying to get a full understanding of the expenses and the tax implications of having a tenet. 

Full details on the project are available including project description & costs, 3-year income/expense spreadsheet & photos. 

Some people don't include the repairs in the first year Cash on Cash return however, not sure what the BP one does.You can look at your 'stabilized' cash on cash as well using ProForma numbers and estimating the rent and expense growth over the next X number of years.  

Hard money, creative financing, or traditional financing should be viewed as different tools that you can use; try not to worry too much about finding one, singular way to finance every deal.For example, if you are buying an off-market deal from a family member, you may want to see if you can use traditional financing or creative financing since there's no competition and you'll get the most attractive/flexible terms.On the other hand, if you see a newly listed deal on the MLS, you may want to look at hard money since it can fund quickly like cash.Hard money loans are more expensive so you'll want to plan your exit before you get in whether that be refinancing into a long term note or selling the property.Hope this helps!

We buy, fix, flip and manage and leave no stone unturned when looking for deals.We negotiate hard, buy with cash and close quickly.Gotta buy cheap in order to make margin but still deliver a turnkey property to investor at fair market value.I've always believed in "making money when you buy and not when you sell".So it's important to buy cheap.A strategy that I always tell all of our buyers when investing is to always "underestimate income and overestimate expenses".If you think it won't happen to you, it will and you can't go wrong including a margin of safety when predicting expenses.I hope that helps 👍

If these steps are completed consistently, you will be fine without the headaches or expenses that most think are necessary.