As you read these books, watch the BiggerPockets podcasts.

**not factoring in PM expense or reserves**Adding leverage can also boost returns and this example above will hold true with financing when comparing apples to apples cost of capital. 

Every type of REI has pitfalls to watch out for.

The closer to the sale date, generally the more motivated to do something about it, in theory... but watching Auctions right now and seeing houses go to sale with masses of equity just doesn't make any sense....

And you've joined one of the best communities for all things real estate investing.1️⃣ Download this ultimate beginner’s guide: https://assets2.biggerpockets.com/uploads/user_file/file_object/1694/UBG_2018.pdf2️⃣ Read BP beginner books on investing: https://store.biggerpockets.co...Also read, Rich Dad, Poor Dad by Robert Kiyosaki3️⃣ Subscribe to BP podcasts or YouTube channel and watch their webinars. 4️⃣ Ask questions here on the forums.5️⃣ Visit (join) a local (and legit) real estate investment association.6️⃣ Consider joining a BP bootcamp: https://www.biggerpockets.com/...I wish you all the best in your investing journey!

watch Tarl Yarber's YouTube videos for a good deep dive on all costs.Hope this helps

Would this be the correct mindset and is there anything i should watch out for when it comes to this multifamily deal?

Rate is a factor, sure, but there are many other components to loans that are equally, if not more, important to be watchful of. 

Yeah I did listen to about an hour long BP Rookie podcast with him and also watched a video.

As you read these books, watch the BiggerPockets podcasts.