I am looking for 8 units and above MFs deal with cap rate at least 8% in general locations2.

Also, depending on the market, the cap rate is an important number.

It is difficult to apply it to a piece of property, but not that difficult to apply it to a real estate service.

Previously, the cap of the loan was $100,000 and there was no requirement on what it needed to be used for.Now the requirement is that the proceeds of the loan be used for some type of home repair/improvement payment.

You can't get great financing on it and are stuck with the tenant for a year even if someone better comes along.Single tenant length of lease term HEAVILY affects value and cap rate exit on sale among rental increase and other items.

HELOCs are extremely difficult to get for non-owner occupied properties. 

If I rent it out for 6 months starting in June does it get more difficult to place someone in January when their contract is up? 

Vegas is a VERY competitive market so it difficult to find properties unless you look off market. 

And both values must be calculated using software so it isn't any harder to determine their values (besides deciding your safe rate and reinvestment rate).I appreciate the importance of IRR as a form of training wheels since the concept is already difficult to grasp; someone learning shouldn't try to jump straight to understanding MIRR.

On-boarding is difficult, but that is to be expected with any software.Many problems too include,1.