These plans are beautiful inventories of zoning, demographics, income, traffic patterns, etc. but now what?

I dont have the full purchase price of this 4plex to invest though, so I would have to finance half to 2/3 which seems like a stumbling block. i can still make the numbers work, but at a much lesser monthly profit i suppose. i also dont have the w2 income to support 2 mortgages (counting the one i have on my house), so i assume any bank would have to count the existing leases towards my income which i understand is possibleI guess I was wondering about advice, or red flags, anything, on this specific deal.

If the appraiser believes the income approach is necessary for credible assignment results, then the income approach must be included.

Also is the $41,255 NOI or is that just income?

Buy NNN with corporate guarantees then.

Anyway, you are allowed to pay yourself,  but that turns passive rental income into actively earned income, subject to self-employment taxes @Nicholas Radina

The tenants are on a fixed income and were getting help from the other five family members for the 3,100 rent.

I would like to add to that I've just been busy with other stuff.I keep track of income / expenses for my 3 income producing properties in a spreadsheet.I also just bought a new home last year and still trying to sell the old home.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

That additional 80K you have on hand can be used to purchase another investment property = another stream of income + portfolio expansion.