Please advise if you have a good agent to refer who specializes in multifamily.more precisely in these areas:NashvilleKnoxvilleIndianapolisCharlotteRaleighColumbusCincinnati Welcome to the site!

I want to start investing in real estate in America in the near future, since I am not in America, I live in Europe, more precisely in Serbia, any advice and contact will mean a lot to me.

However I also recommend anyone purchasing real estate in an LLC being able to articulate precisely why they are buying their real state in that entity with a full understanding of the benefits.

I leave in the Greater New York Metropolitan area, precisely in Jersey City.

If you are going to lose $1,000, then lessen learned about having precise contingencies and due diligence dates. 

However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.

A good ballpark is $1,000–$2,500 per unit, but this depends heavily on how extensive the turnover is and whether you’re self-managing or hiring contractors.If you’re looking for more precision, connecting with local property managers or contractors can provide insight into typical costs for properties like yours in the area.

@Josh Feit, as an Atlanta agent extremely familiar with this area, I know precisely which location this is in and the property type you're referring to.

I don't think that would be an issue but you can always call TN Department of Revenue and ask them that question for a precise answer.

When they snake a camera in, they know pretty precisely where the camera is and can see (to some extent) what is clogging the line.