.- 5-20 unit multi-family apartment buildings- C- to B class areas (no war zones)-  off street parking-  distressed or turn key- all of RI and Eastern MAPlease contact me anytimeI also look to network with other local investors and enjoy bringing value to others.

There aren't separate utility meters and presumably doesn't have a multi-family c of o.

You may have to get creative tracking down the owner and getting an agreement though and communication may be more difficult.

I sure hope you're using more than just those two numbers to decide if it's a good deal or not, but if that's all you're providing, I'll say it's on the right track.

As wanting to now invest in multi families I attended a multi family webinar hosted by Josh (I recommend you watch or join next time).

I don't want to have to back track after awhile and restructure all that I have because the inevitable (aka; Lawsuit) happens.  

I would do those numbers on a multi-family unit to limit the effects of vacancies.

What is your background or track record?

Multi-family apt/condos?

Technically off market however a broker brought it to us because of our track record with HUD debt assumption acquisitions.