Hey Yona, Columbus offer a great balance between affordability and rental rates.

How's the vacancy rates in NPR ?

Would it be pro-rated a t all if she were to sell a few months before hitting the 2 year mark?

I actually had to get enough units where I could offer tenants multiple housing options when I purchased properties rented at way under market rates and then (an embarassing number of times) personally watch tenants that would "suffer" from a rent increase turn down smaller (but nicer places) or  nicer places in a less prestigious zip code (sometimes only minutes away) before I realized that I was hampering my ability to earn a living in order to subsidize the lifestyle choices made by a some random stranger that happened to live in a property I bought.

My property would rent out for a standard long term rate of $2300-2500 a month.

Hello:I am not sure what interest rate to use while calculating cash flow.

However, the house is in a decently rentable area and I refinanced during the low rate days at a 2.615% rate.

My first rental, and I will have a very small cash flow (Thanks to high rates and high prices, but I took the plunge and decided to get into it anyways to build long run wealth).

This would be my first multifamily deal so I was curious how much I would need to put down and what kind of rate/terms I could expect?

They each signed a 9-month lease at our existing midterm rental rates.