DFW 2-4 Unit Multifamily Properties - Average ROI?

[Eric Du]

Hi all,

I've been analyzing small multifamily properties in Dallas / Fort Worth, Texas area, and I have been wondering what kind of returns other investors are getting in the area? Seems to me that many of the listings that hit the MLS don't make too much sense from a cash-on-cash ROI point of view when using traditional financing. Are most of the deals you find off-market deals? If so, how do those compare to what you can find on the MLS nowadays?

Best regards,

Eric