Even with multiple units, with current interest rates and a competitive market (prices have continued to rise even with higher interest rates) think the Madison market is a stronger long term ownership strategy, where the bulk of your return will come when you sell from appreciation in rents and property value. 

We have had multiple phone calls with all parties, and our owner has taken time to personally speak with him as well.

I said, well I have had to have my fingerprints done multiple times, had to send in affidavits of who I am, fill out a fincen report for my company so I think you already have plenty of information on me already...

Must meet self sufficiency test for 3-4 units on FHA though, which alot of properties in higher cost areas do not meet.Conventional allows 5% down on 2-4 units.

January rolled around and we suddenly had multiple offers.

There are some great lower entry points in multiple C locations.

But I figured that couldn't be the case at all times because, in theory, I'd think some properties would be large enough to facilitate multiple entities. yes if you had significant acreage you could probably split the rights, which I would think would need to be like 50+ acres or so, something smaller I am not sure how it would be split if they both have rights.

Out here we call it the MLS, Multiple Listing Service.

The typical clients that seek out cost segregation studies include:Real estate companies that buy and sell multiple properties each year.Individuals with a portfolio containing investment properties including apartment buildings, multi-family homes and even single residences.Franchise owners with properties that are similar to one another such as assisted living facilities, storage facilities and golf courses.Business owners of hotels, food facilities, shopping centers, restaurants or manufacturing plants.It depends on the type of property, but generally 15-45% of the building’s costs can be classified into assets with a shorter life.

@Jason Tucker Yes, you can't turn them away because of their sex but I've seen some investors who have multiple rent by the room properties "refer" someone to one unit vs. the other.