Right now, there is a lot of money (ie funding) for affordable housing, especially the larger (>100 units) deals AND if you have a project contract, buyers are throwing in their eldest children.I think you still need to set value based on some measure of NOI, since the exact same property at 60% AMI vs 30% AMI is going to be priced and probably appraise way differently.If I do get a listing, due to demand, almost all local operators want to buy.  

Personally, I'm aiming for a multifamily home under 200k in Adams, Cumberland, and Franklin county, PA.

If yes, should I aim for lower monthly payments, lower interest and longer life of the lone OR higher payments and shorter life of the loan which would give me more equity (I think). 

Lastly, if you invest time, thought, and effort in quality marketing aimed at your key tenant demographic, that should help eliminate vacancies.Best of luck - Point is a hot market and competition is fierce!

One neighbor even went door knocking for signatures on a petition to oppose the change.That said, the planning board heard my desire to finish the space, listened to the neighbors complaints, listen to the RNO's opposition arguments, and still voted to unanimously approve the measure. 

I was aiming for handwriting them too as I figured this would be a more personal way to get in touch with property owners!

Check how much time you have, but aim to have that done within two weeks of them moving out.

This criteria doesnt match the yield of Boston proper areas and you should not measure cost per unit bc it doesnt account of condition, bed count, and sf.

If I were to redo my first home purchase, I would be aiming for a triplex or 4-plex.

And you should have some measure of compensation for your time if you are self-managing even if you don't actually pay it to yourself every year.  3-5% of gross rents is pretty common.- Since this is your first foray into this property type, you may want to consider engaging a buyer's broker to evaluate the transaction for you.