you mean 4 unit or smaller.Typically, the first two criteria for the small time investor are cash flow and appreciation, whether forced by value add rehab/re-purposing the property or it's in an up-and-coming area where values will rise even if it's a dump.For Cash Flow, I recommend using the 1.5% Rule as a quick method to evaluate deals. 

It's free to advertise and I believe DC Gov promotes the site.

Sometimes the answer is to work incredible hard for a period and a purpose.2.

I could also refer you to some realtors  For the purposes of your projections on a unit as an STR, I’d suggest assuming 2.5X market rents and 20% of gross for management.  

If I have to abide by the limit, then the economics do not make sense.However, CMX-3 zoning allows me to apply for permits for a single room occupancy (SRO) purpose and a Visitor Accomodations purpose, thus allowing me to rent it out to more than 3 unrelated people at a time.

@William German What would be the purpose in this?

My loan is at 7.875 and the wrap around mortgage is at 7.000 I’m thinking this was done on purpose - I have a few options but need help understanding my options - If I ask them to refinance and their credit is not able to get them approved I’m stuck  I’m tired of not making any money on this and it looks like if I pay off the loan I would generate some profit from the interest rate alone which in this case is 7% If i tell the bank that I want to payoff the loan do I have to pay any fees?

When looking at a home for an investment purpose, you're offer is generally going to be "low" or else it just becomes a really expensive hobby.

South of 8 mile is going to be a higher ROI, but statistically come with higher maintenance and more effort to manage.We aren't really allowed to self promote on here, so I would love to connect and chat with you more!

I have been wondering about AirBnBing, and thought to ask some questions :)I was wondering if there is anyone who buys units in apartments or townhouses with the purpose to run AirBnB.