@Arturo Perez Honestly, for a learning investor, I would recommend that you stay away from lower-tier rentals and Section 8.

I'm am doing a straight up refinance to get out of the HML and into a lower %.HML amount to payoff $56,500.00.Getting appraisal Friday, but hoping for minimum of $125,000.00, being conservative and hoping for better (my real estate agent thinks $135,000.00 but I think that's being ambitious.)I don't think I will really know the LTV till the appraisal is done but assuming the appraisal is $125,000.00 I should have 45% equity into the property, as there will be no cash out, and the new loan will simply cover the HML loan at $56,500.00, plus closing costs $1350. 

I also try to get the tax assessment map or zoning map, and use it to mark where rentals are higher, and lower; not all counties will have it up online.   

It might be lower than 10%.  

(Or, refi into lower interest rate / longer term loans). 

Considering you plan to put 0$ down, in a competitive market you may have it come back lower, especially on a multi-family property.

Often, this means either lower LTV, shorter term, higher rates, more points, etc.

Little pieces will break off and cut your arms and legs and it will get bloody quick, speaking from experience.

My partner and I are looking at a 128 unit complex that's made up of 8 16 unit buildings, with a average rent of $450. The building was made in 1960.We're not entirely sure how much we should project for maintenance /...

I definitely don't plan to pay the asking price I'm going to ask 25k lower.