FSU's retention rate has increased by 14.4% in 2 years - incredible work - and now sits at a much more attractive 77.7% retention rate - up from 63.3 in 2020.No update on Crime until I can get a 2023 released report from local PD, until then- it is Fayetteville.The median home value is around $134,800, median gross rent is $960 median sale price is around $222,500.

Hi @Elizabeth Taras   selling real estate and avoiding taxes is fairly simple via 1031 exchange but regarding selling a business that is a conversation best for an accountant.  

Factor in at least 40-50% of rents going to operating expenses.Financing: 30-year mortgages will have lower monthly payments than 15-year loans, increasing cash flow.

in simple terms the price is more or less justified if you sold each unit individually  but if you evaluate it as a multifamily property its 50-55% less than the current suggested price .... number example 4 mil asking price valuation (Residential calculation) vs  2 mil valuation (Based on NOI Multi-Family calculation) The property in question is a "text book" built and zoned as multi-family property no doubt... 

And even if they agree with the $150 increase you're just breaking even.

I use a very simple agreement that states how much rent is and when it's due.

@Kay NemenWe’ve found the best way to raise rent is:Determine market rentShare the proof with the tenantTell the tenant, given your rent is $x and market rent is $y, what do you think if a fair increase?

Another person gave an example that was so overly-complicated and heavily branded (whole-tail to a retail to a donkey-tail with a gator covering the entrance fee… lol), I had trouble even following it but once we dissected what was going on, she could have just taken a hard money loan and done a flip and made more money, plus it would have been a lot more simple and less risky. 

I haven't seen that model but it looks like its a simple IRR calculation over the 1,3 and 5 year hold periods. 

Increase leverage on your Construction Financing for your new builds.