I have not seen the property yet to estimate repairs as I have just placed it under contract and it is three hours away.

Prodigy Network - https://www.prodigynetwork.com/ - for investment in New York City Real Estate. 10,000 USD minimum, aprox 10-18% estimated IRR, Annual Preferred Return 8%, 3-4 years.

I have not seen the property yet to estimate repairs as I have just placed it under contract and it is three hours away.  

If you are coming across a number of these, you have a potential goldmine in your hands.You have a lot of confused assumptions, and details here.  

I'll send you a message to get more details and see if I can help get you pointed in the right direction.

I don't have much experience determining property classes, but my best estimate would be a Class C based on the fact that it was built in the early 1900's.

.), so sorry if I leave anything important out below.I've been thinking about small MFH for the past few weeks, and came across this near me - https://www.realtor.com/realestateandhomes-detail/...Its a 4 unit MFH. units are 3/1, 2/1 and 2 x 1/1, being sold for 1.5M$I've guestimated the rents at 2700 2100 and 2 x 1800 by looking at similar neighbouring assets on hotpads.Place seems to be freshly renovated, but no AC (which i think would be the biggest value add).My problem is that however I try running the numbers it wont cash flow.

There's a lot of details here that probably don't seem important right now (while you're optimistic that everything will go well); but if things go south, you're going to wish that you had worked out all the details before moving forward.

Again, a bit too complicated to discuss here in great detail. 

I visit and analyze the property, and estimate rehab costs (with experienced inspectors and contractors), add a buffer for unexpected repairs, and provide a financial model with an ROI comparison of a traditional rental vs. short-term rental.Any guidance/tips (positive comments only please) would be greatly appreciated!