Question...since you're servicing the military community with your properties, did you buy houses that fit a specific BAH range?

Your 8.0% cap rate is also in-line with B-C product of this size in second- & third-tier markets (7-9% OAR is a good range for B/C product in tertiary markets).

A quality agent can make the transactions mesh together much easier and it will be a better sign for the Seller and Listing Agent on whatever home you want to buy.The bigger piece of the puzzle is making sure that financing is not an issue and that you can qualify for both payments and that your DTI's are in range.

Price softened a lot and i see a lot of inventories, you might want to start making some offers at 75-80% of listed price for properties listed over 90 days and close to your range .. 

You'd be surprised what a good deal you can score for a range with a dented side panel (that you won't be able to see once installed, and doesn't affect functionality).

Many seem to hover around the 5-7% range, but that is a broad generalization.  

If it ends up being more than we bargained for, we will look at professional property management and will take that into account when we look at the financials of the deal.There are opportunities to purchase a couple of different multifamily apartments ranging from 6-8 units, and of course there are a number of single family homes. 

IF you do max out your own credit by buying SFH’s you can always move on to a syndicate at that point- Tax benefits and CoC - you get all of the same tax benefits between a SFH and a multifamily although the economies of scale may make a cost segregation study more economically viable with a larger asset- TLDR - safer leverage with direct RE, non-callable, possibly non-recourse, along with tax benefits - it’s pretty much the same with multifamily although given the diverse cash flows from multiple units I could argue that the leverage on a multi is safer. 

@Evan PolaskiThanks Evan, this will be for something in the 10-30 range in Cincinnati.

Finding duplexes or any other multis in A or B Class neighborhoods is really touch at that price range.