Do a thorough inspection of everything with your GC because “inspectors” tend to miss big things or simply ignore them.

One trick i learned was that when telling the bank what i was going to do for the rehabs, i would highly overestimate the costs drastically, then the appraiser tends to evaluate the building much higher. 

I tend to overanalyze to the extreme, but can't tell if I am subconsciously trying to talk myself into this being a good deal when its not, or talk myself out of it because commitment is scary, haha.Seems like overall it may not be a homerun, but the numbers aren't terrible.

As you scale the size of the multifamily, your risk tends to move in parallel with it, especially if you only plan on having (1) property site, as with anything else true scale is risk spread over a plethora of property.4.

Direct mail tends to work best when you send a campaign of 5-7 different pieces, 4 weeks apart from each other.

I picked a location that has many military people coming and going because houses tend to sell fast and there is always work if you’re good.

Most of what I've seen recommends the following:1) Make sure the city and neighborhood you're considering has the right demographics (growing population, ideally in the 20-30 year-old range since they tend to rent more), a diversified economic base, good schools, public transportation and low crime.

MH lots tend to be much larger as well.

Financing is usually tough on HDFC co-ops since there are income restrictions (which restricts who you can resell the property to), appreciation is usually not so great and the co-op tends to take a large percentage of any profit you make on the resale (some buildings take 50% of the profit as a flip tax).

Properties in your neighbourhood would be much easier to tend to as you can be on the ground whenever something comes up.