Many agents are lazy and do not take the time to add photos that illustrate unique characteristics, incorrectly add the unit numbers, bedroom count, or fail to verify the square footage that could be greater than the public records the MLS autopopulates. 4, Many MLS properties are listed under the incorrect categories (multi-family under the residential section, multi-family under commercial etc.). 

You are correct that prices are high, it's also good to know that 2-4 unit properties are extremely popular at the moment.

It could be worth considering a shot at an actual software solution built for DIY landlords (1 - 15 units); one that helps you to automate your own rental process (ie. compared to other tools, one that helps you to actually get it listed on 10+ major listing sites, allows you to schedule showings, provides you with super thorough tenant screening options, online digital leases which can be customized and help you by breaking out those fees, automated maintenance tracking, and fast rent collection which also offers your tenants the ability to report their positive on-time payments to the major credit bureaus; just another positive reinforcement/added incentive to get them to make those payments on time).

Investment Info:Small multi-family (2-4 units) buy & hold investment in Springfield.

Should I be trying to buy a 3 or 4 plex to start or would utilizing a good chunk of equity and looking for a much larger investment like a 15+ unit be better?

We've got an OLD - low-budget chat available on the site at: chat, but if there's more interest, perhaps we need to look at taking it to the next level . . .Anyone else?

I have been told that many large corporations are cutting internships, traveling nurse levels seem to be dropping off and general travel seems to be down.

I want to make the best ROI using my FHA loan, and want the multi-unit to be move-in ready.Any tips?

I have a 60 unit storage facility in Edgefield, SC.

For the arbitrage part, I would check with the owner of the unit, and see if they will allow you to arbitrage the unit instead of LTR occupying it.