If you buy multiunits avoid low 500ish type rents

Im seeing very little in the way of cash flow properties but wanted to seewhat you all though about my inputs.Im making a few assumptions mainly looking at multifamily up to 4 units with 10% down (I know this is low but I've found banks that'll do that in my market for properties under 500k) then I account for maintenance/debt servicing from past experience (wondering if people have a better way that would take into account property age and condition for maintenance estimates), finally I set vacancy at 1 month a year (not sure if that is reasonable either). 

They are going to remove shingles on valleys and low slope of roof, install weather shield stuff, and re-shingle.

If someone had a live(1) deal that needed it in my state I'd do it, but the probability of that happening is sufficiently low that I'd much rather let other lenders waste their time with trying to get to that point.

A high-low price range would be developed to help you out.When you are first starting out just figure any improvements will be the average.

Metals through the years have low periods.

Occupancy in a low rate month is much less important that in high-rate month.

Too many other ways to make more money safely.Go into real estate investing to be profitable, with low risk, having fun.

It could still turn out well, but with such a low budget for repairs it will probably end up costing her quite a bit more up than she is anticipating.

I am weary of the Muncie area because of the population decline and overall low-quality rental market IMO.