Fourplex PITI $1,500/month. Rent out for $2,800

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Fourplex for $300,000. $75k downpayment. PITI $1,500/month but can rent each unit for $700($2,800/month total) obviously this doesn’t account for vacancies, repairs, management etc but is that $1,300 gross profit appealing enough to work with?

Sounds like a winner. You put 25% down so you have a lower business mortgage.

Need to factor in first time renovation cost to produce tenants. If all rented that expense comes later.