I'd recommend pushing density to 3 or 4 they all finance the same. we picked 3 because of the 35' height allowance in our area. here is a rendering to help paint the picture. our target appraisal value is 550k on the first few and pushing them to more than 600k as we sell some or keep them but if you are the only one building multifamily it's important to highlight the importance of appraisal and selling or disposing of some assets to create comparable to be used. our market has very little 2-4 units built because of economies of scale we are the only builder doing this style and we control the full process and it is a high barrier to entry where we are at. we are able to build at a lower cost now than almost buying a duplex because they are so small. each one is 668 sq ft total of 2004 sq ft. 

I recommend doing lots of research and watching videos etc.

Prefer a DSCR program.Any recommendations?

I would also recommend building relationships with investors and RE Agents.

I would recommend in this scenario connecting with a buyers agent that is well versed in working with investors.

I would also recommend keeping a big, beefy emergency fund.

I would highly recommend connecting with @Josh Brook

I would strongly recommend linking up with a real estate focused accountant to get that sorted out. best of luck! 

What recommendations do you have?

One last thing – we recommended you create a Status column on your spreadsheet, now we’ll explain why.