I ran some projections on a few sample properties listed on the MLS and the numbers looked great!   

No one person will have the perfect answer, but the more you talk with folks about the assumptions they make, the easier it will be for you to hone in on what assumptions you're comfortable using to run your numbers.To make all this a bit more concrete, here's an example of some numbers I ran just this morning on a small MF buy-and-hold (which is the focus of my investing).

I ran into the same problem last year with a multifamily property.

I ran across a great article in a local business journal with the headline: Renting is on the rise in the U.S.

The ones I ran across were not when 80% or more are owners.

I ran the numbers and if I don't refinance my cash flow will average $1,000/mo and if I refinance will average $1,500/mo (for short term/vacation rental).   

If you want to be a part of the culture you've got to get in the culture. 

I ran into one issue with a credit check where it wasn’t verifiable.

Lawsuit culture in this country is out of control.

I ran some numbers through the BP calculator and if my wife and I lived in one of the 1B, 1B units at a purchase price of $290,000 we would cash flow $25 a month living rent free.