Multi family if the pieces are in place and the opportunity arises.

Some other costs you need to consider which are commonly missed from turnkey proformas - turnover/rent ready costs, "hidden" property manager costs, closing costs, and lawn care/utilities/pest control/hazard insurance (if applicable).

@Nate Lee In a normal real estate market or even a buyer's market, FHA loans (203b & 203k) are very commonly accepted. 

MOST IMPORTANTLY, do not be afraid to tell your lender about challenges or road bumps that arise.

MOST IMPORTANTLY, do not be afraid to tell your lender about challenges or road bumps that arise.

., tenants-in-common). 

MOST IMPORTANTLY, do not be afraid to tell your lender about challenges or road bumps that arise.

There are two ways for multiple people to own a property1) Through an entity(LLC, LP, Corporation)2) As tenants in common(aka TIC)Situations get sticky when you have purchase done through one person but want to transfer it to an entity with multiple owners.

This is a fairly common theme in these groups, GC is bad, doesn’t show up, goes bad etc, and the investor is stuck with unfinished projects in various stages.

GRM is more commonly used for 1 to 4 unit residential properties compared to CAP rates which are for Commercial properties.