I am very curious to know, if you guys could walk me thru the process it be very appropriate. 1) Rental Property Cash Flow Analysis- Due Diligence: a) The first step to buying a multifamily home is deciding on the right neighborhood to invest in.b) Property condition: Take into account how much time, money and work the property will need in order to be rent-ready. c) Rent roll: Look at the current rents and compare them to the average rents in the area to see what the property should rent for and can help influence your buying decision.d) Revenue & expenses: Look at what rental revenues are coming in and what the current expenses are and see if it makes sense, remember to add in your approximate carrying costs to see if you will be cash-flow positive.e) Vacancy rate: Look for a vacancy rate below 10% and see how long each unit is vacant per year so you can figure that into your carrying costs. f) Loan calculation: Add your loan calculation into your Analysis.2) Work with a RE agent.3) Choose the Right Lender. 

Despite the entire thread on the negativity of owning C class properties.

@Erik Hatch it’s a class c, 98% occupancy, below market rents and close to military base.

That's not realistic, especially now with C-19 and everyone hunkering down.I find it better to squeeze money out of where ever you can. 

Try to keep it F&C if you can. 

We market our homes at the top of this particular market - new flooring, nice finishings in the kitchen and bathroom, A/C when possible, and new appliances.

@Scott Raynor would tenants be a and b tenants or are they c tenants?

If I want to get all of my costs back within 4 years (or less), I can say what % return "I got", but since percentages lie, if I said ahead of time that I needed to get an average return of that same number, I couldn't give you a specific %return I needed to do...since over a 4 year period, I can go through a number of different combinations if annual % returns...and get a different answer in dollars at the end.If 3 investors started with the same dollar amount (say $100k) and they had different annual % returns for the next 5 years, they would all end up with a different dollar amount at the end...even if the net percentage was the same for all three.Investor A:  +10%,+10%,+10%,+10%,+10%Investor B: +30%,-10%,+40%,-20%,+10%Investor C: +80%,-60%,+70%,-50%,+10%All three started with the same $100k.  

But in a "C" town nearby for sure instead of "B". 

But that’s typically worst case scenario , what if, I ask myself when I go through plan A, B, C, D when purchasing an investment.