.- These projects are separate than unit interior renovations (most of these properties had units renovated 7+ years ago and that was easy to measure).- I want a market adjusted return/yield.

The biggest issue we are running into at the moment is finding a profitable multi-family unit and how to fund it.

I do have a population and median rent / median purchase price maps on the county level if you want to look at my Tableau profile. 

 Hey BiggerPockets family,I was just approved for an owner occupant, Fannie Mae, 5% down with a purchase price of $1.3 million for a 4plex in the Phoenix Metro of ArizonaMy middle FICO credit score is 759My current DTI debt to income ratio is 30%I have enough down payment, closing costs for the subject property, and enough liquid reserves for all 10 of my apartment buildings totaling 45 units in PHX Metro AZmy mortgage lender quoted me with a rate at 8.125% with me paying 0.156 points totaling $1,920My question is,does this 8.125% interest rate sound reasonable for an owner-occupied fourplex 5% down Fannie Mae conventional loan as of March 27th, 2024, at 1700 hours?

There are no other occupied units in this building.

I outlined in my lease that the tenant agreed to allow me to show the property if necessary to rent the unit out. 

@Erica Calella My market is specifically Bryson City and I would say the general sentiment here is that we are seeing a high level of last minute bookings across smaller properties with larger properties seeing more booked occupancy ahead of time. 

Do you self manage your units?  

I wanted to live in one of the units.

Hello Everyone!
Looking forward to making new connections. learning from others and scaling my real estate portfolio. I've been investing for 15+ years and have a reasonably strong track record of personally acquirin...