Our flip last year was FSBO & we were hounded by agents the majority of whom could produce a seller or a showing but spent a lot of time dropping by to sell us on their 'unique canned' 7% marketing skills? 

I've got the unique pleasure of seeing a lot of management fee structures for properties across many regions too. 

After PITI and maintenamce expenses  I cash flow about $400 /month combined between both units. 

However, if you believe that extends to outside of unique areas like Corktown,  you will find out quickly the reason prices are so cheap.  

And of course, if your three unit is a three-bedroom or caters to college students who don't combine their laundry for washing, that coin box is going to fill faster.

People, like yourself, who understand that, and understand the power of combining criteria tend to do far better in this business. :-)

Secondly an SEO company will not develop SEO methods unique to you.

As a long-term buy-and-hold investor, that's going to be some combination of cash flow and CoC return.So, don't be distracted: Chasing appreciation will only break your heart, and occasionally (as in 2007), your entire portfolio!

You may have the unique advantage to use the current 2 family on the lot as collateral which could increase your LTV.300k to build seems low to me, even if you were going to GC the construction yourself.

Purchase price: $1,150,000 Cash invested: $115,000 32 unit apartment complex purchased with 10% down with a combination of owner and bank financing.