Investment Info:Small multi-family (2-4 units) buy & hold investment in Miami.

For your first unit, unless hiring outside management which means giving up 20% of earnings, you're going to have quite a hurdle to operate a place remotely.I don't necessarily think looking at market specific data around the country and thinking you can just dive into that market and do well makes much sense.

I have had the back unit of the duplex I just purchased to house hack listed for almost a month.

Nashville, TN is having some major companies like Alliance Bernstein have moved into Nashville, bringing the population up and new jobs into Music city as well.

I agree with the items @David Liu mentioned but add insurance, vacancy, property management (even if self managing because it is work), misc (mostly items divided across all units (bookkeeper, LLC, umbrella coverage, tax man, office expenses, etc) as well as one off items such as utilities due to slab leak.  

Is there a certain cost per unit I can expect to pay based on the condition of the building? 

Aloha,We require they or a family member view the unit personally.

Investment Info:Small multi-family (2-4 units) buy & hold investment in Lehigh Acres.

This criteria is for 1-4 and 5-8 unit programs.

DSCR loans are not just for SFH purchases - it can be used for condo units and multi-family properties as well.