Crime was way more than it was shown in city database as most of the things were never reported.Actual rent collection was only $4200 by 18 tenantsPark had very bad repo in area (Which was known to us)What we did after buying:Worked on road (new milling road), removed extra trees, cleaned 40-50 dumpster of trash.Worked with city development agencies to remove bad tenants via evictions or stationed police officers on weekend to deteriorate drug traffic, incentivized good tenants to provide us video /call cops with videos so that cops visits are frequent.Removed bad homes and brought in 7-8 newer homes from other parks.Repaired around 19 houses in last 18 months and brought up average rent $680 per home.

@Yutaka Tso I sent you a link to a video that I found very helpful.

Some providers take the approach that a furnace or water heater with several years of expected life shouldn't be replaced in the rehab, but that the final product should be priced accordingly.

Here's the jewel of it.My partner and I are looking to get financing on a Tri-plex in Central FL, we will be splitting the down payment.We'd really love to get into the property with 20% down max if not less, most conventional lenders ive spoken to have said they cant get anything under 25% on an investment property, But I'm determined to find one that can. whether it be DSCR/Rental loan, conventional or whatever products are available to fit with our goals and criteria while stilling giving us some scaling capability as were not looking to stop at this property, hopefully 2 more multifamily properties to acquire in the next year to 18 months!

@Kyle Daniels I know Jeff Basler with SLS Financial has several options for investors that may be alittle more attractive than typical hard money loans, and he has been developing some longer term/portfolio products too.

You can then run your reports according to property or the entire portfolio.There is a bit of a learning curve, so you may want to check out some tutorial videos or hire a firm to set up the account and help with support.

The LTV's on these products for cash out are up to 75-85% depending on the product and the investor offering it.

How can you grow your masonry company and you become hands off with daily production? 

Yardi is popular in the multifamily space and they have a cheaper product called Yardi Breeze, might be worth checking out. 

@Sean Thomas doubt you will find a lender that will have a product for rentals with that a low of down payment.