For multi-family pay attention to fields like sq ft (not many 20k sf homes), units (this is often the best), beds/bath, rooms, etc.

Many electrical boxes in ceilings are not intended to support more than a low weight light fixture and I'm sure no one on this forum wants a spinning fan dropping onto a tenant's bed.

Renting student housing by bed is pretty common.

Purchase price: $275,000 SFR 1700 Sq Ft. 4 Bed 2 Bath.

Monthly rent will vary significantly from market to market (I calculated low), I am assuming the property is a 2 or 3 bed/one bath in a “C” class neighborhood.

Each unit is 2 bed 1 bath.

I put a little over 16k all in on a 3 bed 1 bath sfh (including closing costs, a few superficial renovations, 3 months escrow of mortgage payments/insurance etc) and it's renting 900/month (40k property in a solid c class neighborhood).

If so, YOY Q1 median condo prices are down -3%, days on market are up, and 2 bed inventory is up.

Look at housing in major metros like Hong Kong where young people are living in what is essentially a studio or 1-bed condo and paying $500,000 for them.

Just curious on how many units/bed/bathrooms the property had?