Start small, nail down your process, then scale according to goals.

We have managed multi's before but I would avoid them like the plague. tenant noise issues, bug issues that carry unit to unit, smoking and the list goes on and on.if you have the stomach to deal with that and live around it more power to you but small multi's I would never consider buying especially in this market. in my opinion, they are the very first to get rent corrected in a down market because they are not as desirable in my experience as a large polished multi until complex or sfh.

You nailed it!

@Lake Lutes nailed it - I'd love to find a 10/10 location, but they simply don't exist. 

I will keep you posted when i nail down some dates.

Anything from older remodeled bungalow or colonial style housing on the outskirts as well as polished lofts/studios above businesses in the heart of downtown.

Our most recent purchase had the windows nailed shut.

@Dan DiCiaulaI've used my oscillating tool to cut of nailing and other flanges to make stock windows fit, used pressure-treated lumber to modify openings, and me and my Great Stuff foam are very tight.The problem is that you're handing off your property to a C-class tenant who is not going to be gentle on the windows.

I can’t nail down a per sq ft price, but I hope that helps a little

@Nick Camizzi the others in this forum have nailed it.