You definitely can Alex, you can even use conventional loan and entity can be under a LLC and acquire an investment property.

Definitely starting to see them, I have helped clients purchase a few.

There's definitely a lot to know!  

Breaking these three down on the direct impact they have had on multifamily pricing: rising interest rates impact your cost of capital, and taxes and insurance impact your net operating income (NOI) which has a multiple effect on evaluations when using the NOI approach for assessing value.Value, while a simple definition, is a complex concept.

But rent is guaranteed and you are fulfilling a housing need.Ben makes a great point, you will definitely fail your first inspection. 

Definitely something to consider while vetting out potential GP's.  

I definitely know the area well.

I could definitely buy a multifamily by myself but it would be in a less desirable area that we might not feel as comfortable living. 

But your idea definitely sounds tempting.

I definitely agree here (as an accountant so yes I'm biased).