It's the blue print you'll need to really evaluate the property and confirm your approach and price.I think following the valuation analysis, you'll want to incorporate it into a broader business plan that you can present to the owner, outlining the deal details and how you plan to be  successful.  

The protections under SCRA apply to active duty members of the regular forces, members of the National Guard when serving in an active duty status under federal orders, members of the reserve forces called to active duty and members of the Coast Guard serving on active duty in support of the armed forces.

The second transfers between 5-8% (depending on the property) to an account called "Capex Reserves".

Purchase Price is $105kDown payment is 10 percent via seller financing.Interest rate is 5 percent30 year noteExpenses All utilities paid by tenantSewage bills are $54 per monthInsurance is around $90 per mouthMortgage P&I is $507.30Assuming 12.5 percent vacancy --- $275I will be reserving $220 to cover CapEx per month for all 4 units10 percent for routine repairs --- $220.

We have a reservation set for Sunday March 13th at Broken Top Bottle Shop in Bend.  

We are now seeing loan products where this requirement is relaxed.Also, with investment property, be prepared to show reserves.  

They were confirm that what was being pitched was troublesome for the IRS.

I will be utilizing an FHA loan for my first multifamily and I will need just about $15k more in capital to have a good down payment and 3 months of reserves.

@Jessica Baez So based on the figures provided we have the following:Loan - 110,000 @ 4%, 30 years Taxes - $700 annualInsurance - $300 annualPMI - $100 (estimate)Monthly payment - $708HOA - $100In addition, you should plan for other expenses not covered by HOA, turnover, vacancies, and reserves (let's just say $150 a month)Total monthly costs - $958Total monthly income - $1100 (placeholder)Potential monthly cash flow - $152You need to do more research on market rent.

I have excellent credit a good job and enough cash reserves for 12 months.Also I've talked to some investors who say they love getting a 5/1 arm and refinancing in the fifth year.