The extra advantage is that some markets have reliable off-market opportunities, which means less competition and more control over your first investment.It’s a great way to start building a foundation, test the process, and scale without the stress of high purchase prices or relying solely on local boots-on-the-ground.

I’m in 3 markets and rent is decreasing about $100-$200/month in one of mine (Dallas).

. - Know if the population is increasing, decreasing or has remained flat, where you're buying.

A few observations:**What looks good:**- 8.21% CoC in today's rate environment is respectable, especially with conservative rent estimates- $825/unit for 1b/1b in Cincinnati C-class is realistic (and the $900 upside is achievable with light updates)- Foundation work at $15.3k is factored in - that's often a deal-killer people underestimate- Your utilities expense at $700/mth is properly accounted for (water/heat costs catch a lot of investors off-guard in older MF)**A few things I'd stress-test:**1.

Focus on increasing income and decreasing expenses.

I’ll reach out once I have a specific multifamily deal on the table to see how you’d stress test the tax line.Best,Chuck

Pick the option that lets you finish the job without slowing yourself down or adding stress you do not need.

The common theme I’m seeing is “back to fundamentals” – more focus on DSCR, realistic exit timelines, and actually stress‑testing numbers instead of assuming everything goes right.For those borrowing or lending privately right now:How are you structuring deals so both sides feel protected (LTV, DSCR, covenants, reserves)?

Yet one investment stabilizes smoothly, while the other becomes a source of constant stress.

Have you stress-tested what happens if rent drops to $1100 on one side?