Those are extremely hot right now.

I am worry that market will go south in extreme and forces me to sell at a loss or even stuck in a particular property for years.

But honestly, Jan-Feb are slow anyway.  

Honestly it was pretty intimidating at first. 

Taxes can be found in the central appraisal district in which the property is locatedAn agent can help you find the Sf price using comparables from mls databaseClosing costs are somewhere between 2 to 5% depending on purchase price Honestly four plexes are nearly non existent compared to houses here in DFW.

Here's the situation, there is a multifamily on the market for $550k (I know I should start extremely small, but living in NY does not make that easy - for now let's use this as the example), which conservatively speaking can bring in 8% ROI. 

Honestly, you can find deals that are public you just gotta know what a deal looks like.

@Avery Carl helped me get my first cabin and knows the area extremely well! 

It seemed to be extremely competitive and people with certain criteria get tons o letters regularly.

But you might want to be extremely careful with a deal like this.