Hey Miguel, I don't have exact numbers but here's a ball park on known values.

I generally would not want to develop if occupancy was falling for the market or rents were softening at top cycle for most markets nationally.

My electric in a 4-plex unitizing 3 led vestibule motion lights, outside motion parking lot floods, exit lights, as well as emergency back-up hall lights- comes to about $15 a month, and that is at the higher rate.

I had also been unable to get regular mortgages on SFRs or duplexes at regular national or local banks before.BD Lending can find loan products for buy & holds with any number of units, which include 30-year fixed or adjustable rate mortgages.

Not to mention, who has time to inspect a parking lot full of cars? 

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

My goal is 1 property this year whether single family, mobile home park or multi-family. 

Closing on my first buy & hold in Hyde Park on Wednesday.

Investment Info:Large multi-family (5+ units) buy & hold investment in Deer Park.

Didn't knock it out of the park, but we are happy to be positive!