The reason I don't purchase new construction is that there is no room for value add, and from a pure cashflow perspective, it's harder to make the numbers work.That's why I started looking more towards multifamily.

James - From my perspective (as an investor and a real estate agent), you have to make people WANT to work with you. 

Everyone has given you great advice and I'd love to add another perspective.

Additionally, I am on-call for 4500 units in the area every few weeks, which has given me a unique perspective on the industry.Recently, I took on a second job with the same company as a live-in assistant superintendent.

I appreciate the perspective of those further along.

Without actually running numbers, you'll probably need to get closer to 600k to break even from a cash flow perspective (this all assumes 20% down).As others have said, you aren't considering saving for capital expenditures or vacancy and the maintenance is far below what I would budget.

@Brandon TerrazasWe have purchased over 10 properties with RTR over the past few years so I think we have a pretty good perspective on actual performance. 

i'm would appreciate the communities perspective and input on the following question below.Property Criteria; House hacking duplex or triplex Purchase price: 260k - 310kEquity or Cashflow deal ?

From my experience multifamily is easier to cash flow, and has less downside risk from a cash flow perspective.

This would give me some perspective on whether I should have hope for a turnaround for my Atlanta REM deal