My credit is in the high 700 range, so I should be able to get a very good rate.

The other two are in decent areas and are looking like they may be in the 80-90K valuation range. 

Property: 4 BD / 2.5 BA 2-story HomeOnline Value: $284k (Z: $292.5k, R: $285k, Red: $275k) less repairsRental Comp Range: $1500-$2100/mo - Most likely $1650-$1750Repairs: $34kActual Value: $250kOutstanding Mortgage Balance: $110kPrevious Purchase Price: $88kRV Purchase Price: $134kHow would you structure this deal to minimize expenses, fees, & taxes given the following info:1) FIL can give transfer property to us given any of the following strategies:    *$0 (gift)   ** $110k (we assume the outstanding balance on his mortgage)   ***We transfer at market rate (quit claim deed adds us to property deed, $110k refi with wife & I assuming all debt, then he's taken off deed w/ quit claim & we pay him 140 payments at $1k month for the equity he has in property w/ no interest).   

Phoenix market is hot, the lender maybe asked for a rush (rush fee $200) range cost for single family appraisal with rent surveys is $495-1000.

This way you can avoid the self-sufficiency test on 3-4 unit properties that comes with the FHA loan.2) Maybe you can find a SFR + ADU to house hack?

I believe I understand the financial aspect and the minimum price range of property that I need to purchase in order to qualify for this 1031 without getting taxed.

Alternatively I have seen a lender that does almost nothing but commercial loans do 10 year fixed, 30 year amortization, 70% LTV, rate in the 3.6% range, no pre-pay penalty.

Just got involved with a great mentor who's got us excited about Multi-Family and it opportunity to becoming self-sufficient and attain our goals for the future. 

Important: Always evaluate properties based on cash flow after subtracting the tenant pool segment cost.Once we identified our target segment (the Permanent segment), the next task was to determine three important segment characteristics: rent range, needs, and location.

For the new construction loan you're describing, interest rates from hard money lenders generally range from the high single digits to the low/mid double digits.Points: What will the lender charge to originate the loan?