Near the schools in Tampa, they would be considered student housing, and that's a ton of wear and tear and turnover.I love, and will continue looking at small multi-families that are all 2/1. 

So yes, if you use a PM, 50% could be your avg annual expenses.Mine run about 25% on single-fams, 38% on multis where I pay w/s/g. 

Hi All -My husband and I are looking to buy our first multi family property on the east side of Providence, RI.

Check out the winter 2018 Fannie Mae report on multi-units in Denver (i.e.: apartment rentals).

I hope to start with a single-family or small multi-family home and work my way up from there. 

You are correct that you can set this all up yourself, with the exception to needing a signature by a Registered Agent - which can even be purchased for a small fee.I want to preface this explanation by stating that this is a system that I find is my "go-to," but there are stronger entities that cost much more as well as cheaper entities that don't protect you as well.

All of my multis in Providence are around $1600-1900/year. 

I am concerned about being "over leveraged" even though the lender I am working with says I could do this Multi Family property.

I'm excited to share what I've learned and give my systems away.

I do feel that stress testing a balance sheet is the only way to really look at systemic and catastrophic risk, especially in situations where effects of risk to repay is not independent.