Here's my underwriting standard list for free.

You can atleast get the mongrel to lose their free meal ticket by turning him in 

If you would like help feel free to reach out , but whatever you do, do not try and do this alone, you will get crushed, 

I’ve been wondering that same thing.Seems to me when comparing candidate investments, why would I pay more for an investment with risk and work (5% Cap multifamily), than a risk-free passive investment (5% CD or T-Bill).Note that going from a cap rate of 5% to 10% is a 50% drop in price…that’s significant…easy to see why a seller isn’t willing to give a higher return.I’ve asked the question before and gotten answers like it’s because investor borrowing costs vary, and you must consider future rent growth and appreciation … I guess if you have low borrowing costs and are optimistic about the future a 5% cap rate makes sense.

Feel free to reach out if you have any questions.

Feel free to reach out with any questions. 

A vacant and re-habbed unit allows the option of a tenant to move into it, thus freeing up the next unit. 

If you would ever like to talk about different markets in Michigan feel free to reach out.

If you are stuck, not knowing where to turn, please feel free to reach out, All the best

If you have more questions feel free to send me a DM!