I still know people that buy those type of properties but that space is very competitive as compared to a SFH.Another thing I found is that tenants in multifamily units tend to be more transient as compared to tenants in a SFH rental. 

How much cheaper per unit would it be compared to an 8 plex?

Service based retail that is hard to replicate online, such as convenience stores, restaurants, QSR, grocery, wireless stores, dry cleaners, medical offices, hair and nail salons, etc can generate strong risk-adjusted yield compared to apartments.

Basically, it's in a gentrifying neighborhood that would have taken some serious upgrades to make it comparable with the rest of the homes.

Looks really high, compared to the purchase price.What's the charge for "gas?"

I am looking to start investing in Dayton because I know the area as well as a lower cost of acquisition and ROI compared to Washington state.

Does anyone know what software to use when creating a comparative market analysis on properties in the area you are purchasing from?

.)· Median Rents by Number of Bedrooms· Population Change (Births, Deaths, In-Migrations, Immigrants)*note that some of the metrics are composites that are computed by comparing two or more variables from the ACSA number of the variables above can also be broken up into cohorts, which will give you even more insight into how an area is doing.

I also plan to complete some aesthetic renovations over the summer.Looking at the comparables in the area, most similar properties rent for $1250-$1400 a month.My issue is that with my current expenses at $1224 a month without utilities, that leaves me with very little cashflow, especially for establishing a reserve fund for repairs and vacancies.

Comparable recently sold property is all that matters.