Investment Info:Small multi-family (2-4 units) buy & hold investment in Rancho Cordova.

The only time it makes sense to seller finance is if it needs considerable rehab and you hold a loan short term (12 months) to let them fix it up.

IE, you have to book them as revenue when they are received, you can't hold them in a separate account and not recognize the revenue.  

Now I buy and hold/rent.

@Scott BarberI used this equationto back into my maximum allowable offer (MAO)ARV - Rehab Costs -Holding Costs - Purchase & Sale Costs - Desired Profit as a percentage ofARV = MAO

For most straightforward buy-and-holds, assuming they are around 150k each and a 720 FICO, I would anticipate mid-7s right now pretty consistently. 

Whatever we buy I expect we will hold on to for 10+ years.

Once back in Maine, the goal is to begin purchasing small multi-family residences in order to hold and draw monthly cash flow. 

In the real world, every operator looks at overall returns across their hold period.  

What’s everyone’s experience with two story single family homes vs one story home in terms of how easy or difficult it is to find a tenant or reselling after holding the property for years?