Analyze that situation objectively: the tenant has that much free cash to pay you, but is making late payments on other debt obligations?

@Asim Alam higher average rents (could be easily 2x-4x more depending on property and location based on some properties I've analyzed with an AirBnB in mind), but also higher vacancy and turnover costs (although some turnover costs are mitigated by an added on cleaning fee).

I have tried  cut and paste link but it doesn't  appear on the forum............I need some help  with analyzing a deal.

I like technology and imagine there is something out there that helps with analyzing SFR and small MFH.

I suggest that you use BP's Rental Deal Analyzer, there are other expenses that need to be considered.

Fellow BPs,I need help analyzing my 1st deal.Multifamily 4 Units (1 bedroom - 2 and 2 bedrooms - 2) located in a small income city:Listing Price: $100,000.00Down Payment: 20.00% (assuming)Annual Interest Rate: 4.00%Gross Monthly Operating Income: $1,880.00Total Monthly Operating Expenses: $1,469.93Monthly Mortgage Payment (PI): $381.93Acquisition Costs and Loan Fees: $2,000.00Cash on Cash Return (ROI): 22.37%??

I also think you need a little research on the real estate market, know the trend and analyze the market to find out if waiting till the prices of properties go down before making another investment really worth it.

We lost out on a  4-unit because it wouldn't pass the FHA inspection and the seller didn't want to be responsible for disclosing the issue.Assuming you plan to keep this in your portfolio if/when you move, just make sure you analyze it based on being an owner occupant, as well as the both units being rented. 

Hey guys!New to the game, but have researched for a few months. Decided to get creative and just took out a HELOC (closed yesterday) that I'll be using as a down payment to purchase my first buy & hold with. I was...

I am look to buy my first Multi Family deal and was hoping someone could help me analyze this deal to insure it cash flows.