I don't see how you are anticipating less than $15k closing costs on a sale this size?

It looks like a less labor intensive way to increase cash flow over the STR route but also includes structural changes to a single family home (additional setup costs) and dealing with low income tenants.  

What additional costs should I expect when purchasing and managing a multi-family property?

These models capture the primary expenses associated with fix-and-flip and long term rental/BRRRR investment projects and provide an estimate of total cost and profit/returns.Shoot me your email if you'd like a copy of either or both.Hope you find helpful in reviewing your projects!

@Lee Hampton, do you know what the expected build cost might be for a 2000 sqft home, or price per sqft?

Such as renovation costs, money I paid for it, etc?

RE investments are a business and as costs go up you have to raise prices.

Roughly $11,000 total up front acquisition cost.

I should note that I did a 1031 INTO 2 of the 3 houses, and did a cost segregation study and took accelerated depreciation on all 3 to offset 2022 taxes because I had a very profitable flip that year and I am a real estate professional per the IRS.   

Located in: Trenton, NJ  one thing to realize and talk to your accountant about is if you assume it - do you assume it based on his cost basis, which could be a lot lower than the property value and then when you do eventually sell it, you could be hit with a nice capital gains bill.