I’d appreciate any financing/partnership feed back.

Thank you Theresa, your help is much appreciated!

That doesn't even factor in long term appreciation and tax benefits.

I personally do not have a wife or kids yet, but I appreciate your desire to place time with them as your greatest goal.

Any advice or links to sites that you use for your due diligence would be greatly appreciated!

Quote : Quote from : Melanie, I appreciate the input.

I’ve been wondering that same thing.Seems to me when comparing candidate investments, why would I pay more for an investment with risk and work (5% Cap multifamily), than a risk-free passive investment (5% CD or T-Bill).Note that going from a cap rate of 5% to 10% is a 50% drop in price…that’s significant…easy to see why a seller isn’t willing to give a higher return.I’ve asked the question before and gotten answers like it’s because investor borrowing costs vary, and you must consider future rent growth and appreciation … I guess if you have low borrowing costs and are optimistic about the future a 5% cap rate makes sense.

Any leads towards a lender that would help us  with a temp CO would be appreciated.

This gives you the percentage return on your investment.Consider Additional Factors: Evaluate other factors such as potential appreciation, tax benefits (e.g., depreciation deductions), location desirability, market trends, and potential for future rental rate increases.By following these steps and considering all relevant factors, you can make informed decisions when analyzing the profitability of a rental property.

I really appreciate the clear steps.