I'm looking at an 1950s, 3br/1ba fixer upper that currently has window units.

Generally there are three categories of multifamily investment properties – which will greatly determine your loan options.These three categories are based on the number of units at the property.2-4 Units: While these are “multifamily” properties in the sense that there are “multiple units” – you will generally have very similar options for financing to traditional residential loans on single family rentals – think the traditional 30-year fixed rate conventional option or DSCR Loans – and the coveted 20% down payment option too.

So, I am figuring you do NOT have dozens of units. 

I’m currently looking to make my first investment in a multi-unit residential property.I’d love to connect with fellow investors and experts to learn and share experiences.

bigger units for people relocating might have higher demand but only in some areas.  

Tonight is the night, after months of work with the state, county, and city we are presenting a site plan for the city's approval and zone change.Normally, I would not pursue a zone change but when I originally went to the city and proposed storage units based on its current zoning they said they wanted more houses.

If its not clear then you should expect challenges continuing to absorb the unit during the course of ownership.4.

We are looking to have off street parking available at all of our units but a couple of them will require adding a parking pad and will be a significant expense, so I was curious to see how important that will be to guests.

About two thirds of the way through the lease I accompanied a repairman into the unit.

Investment Info:Small multi-family (2-4 units) buy & hold investment.