The majority of new inventory was divided among the three submarkets of Hilliard, University/Downtown and Upper Arlington/North Columbus with a combined 500 units.

Read this thread. https://www.biggerpockets.com/forums/49/topics/375...A TIC can divide interests among apartment owners, to avoid PUD's and Condo regulations, but check with your building regs folks, TICs are commonly used in multifamily units.FHA will finance a TIC interest/unit as well.2/4 plex aren't multifamily, 5 or more units is multi, HUD defines not local zoning except as to their zoning regs.Good plan, good luck :) 

Residential real estate is depreciated over 27.5 years but it's much more complicated than taking the purchase price and dividing by 27.5.

Let’s divide this by 12, so we make $16,667/month gross.

@Alexander MonninThere was a guy on BP who said he calculates his CapEx by taking inventory of every CapEx item (roof, AC unit, appliances, etc) and coming up with a total price to repair all of these items (if they need to be replaced within 10 years) and then dividing by 120 (10 years x 12 months each year).

At a 6% cap rate it's an NOI of $126,000, divided by 50% (to gross up the potential income) is $252,000.

ROI is the gross annual rents divided by the total amount you put unto the property (down payment, costs, expenses) then converted to a percentage.Ex100k property, 50k repairs, 150k total with 20k annual rents.

Or, you can split the notes like this example of a deal I did in 2012 Balance of $ 60,562.50 to be divided into two separate notes and deeds of trust fully secured by the property.The 1st trust deed and note would be $ 30,281.25 payable at 6% interest fully amortized over 5 years with monthly payments of $ 585.63.The 2nd trust deed and note would also be for $ 30,281.25 with interest and monthly payments beginning after the 1st trust deed and note is paid in full.Beginning in month 61, this note would also be payable at 6% interest fully amortized over 5 years, with monthly payments of $ 585.63.

New developments have been divided into smaller phases and sub phases, large commercial projects have been reduced in scope.

Take a look at your past year's fed return especially and divide tax paid by AGI to see what your true effective tax rate is.