Based on your numbers and the generally accepted 50% rule, the true cashflow(fully rented) is 333/month. 1,550 - 1,217 = 333 fully rented cashflowMost people on this site shoot for 100/unitHow far below market value is unit #4?

Shoot me a PM or an Email by the way.

Find them through Google and meetup.com There is the free Waltham Black Diamond one and a paid one in Rockland shoot me an email if you want info on this one.Two Great reads, I bought both J.

Potential agents please shoot me a message and I will get you my cell number so we can talk more!

@Jaime Mitchell, first off you didn't shoot yourself in the foot.

Shoot me a private message and I can get you his contact info. 

Try to and you'll get blasted out of the water.When a lease attempts to address every little issue, you'll likely be found as being unreasonable and allowing the tenant the right of quiet enjoyment, you shoot yourself in the foot again.If you rely on a college student base, you'll get a reputation and the kids (if not the college) will black ball you, you'll get a bad reputation for being whatever.

- Baseline stats/data you look for in a multifamily investment (% of cash flow, Cap rate, demographics, etc) I shoot for 100/door on SFH and 150/dr on small multi in my area. 

Shoot me a DM.

For example we shoot for 10 to 12% cash on cash return which means we are ok leaving money in the deal.