We invest exclusively in mid-size, B/C multifamily assets (80-150 units) in the value-add and core plus spaces.I am looking for experienced Property Management companies in the Columbus area who focus in that unit range and asset class.

I suggest SFRs out in the suburbs in the $375-$425k range.

@Joseph Cacciapaglia I'd say the rents ($600 each) are in the range of market rents for that neighborhood.

So figure your range somewhere between $30K - $35K of taxes.The only way to avoid paying that would be to sell with owner financing where you will still pay the tax but it will be spread over the term of the financing.Or you could do a 1031 exchange and indefinitely defer paying all tax and depreciation recapture. 

I originally wanted to do an owner-occupied, low down payment purchase of a 4 unit property in Los Angeles, ranging $1M - $1.4M and hoped to get a 30yr fixed with 3.75% or lower.

Hi, I have excellent credit in the 815/820 range and the lowest rate I've found after going to multiple brokers/lenders (4) is 4.875, which seems high. 

Heck, joint venture with a partner bringing an equivalent amount to the table and you wouldn't have much difficulty taking down something in the 20-50 unit range depending on your area.

And you will find all sorts or ranges of returns, strategies, etc. 

Right now the existing homes ranging from $260k to $285k price point is selling very fast.

There are plenty of cost effective commercial options out there right now where you could cash out up to 75% LTV into a 30 year fixed mortgage in the 5% range and keep the property in your LLC.