FHA Pros:-Friendly to lower credit scores (580-680)-Can buy multi-family with the same 3.5% down payment-DTI up to 55% (vs 45-50% for conventional) FHA Cons:-More difficult property/appraisal requirements-Frowned upon by agents, so the offer is weaker compared to conventional-LOTS of additional back-end stuff that makes a lenders job more difficult -If you're in a community property state, you have to include spousal debts even if they're not on the loan-Permanent mortgage insurance (but if you put 10% down, it'll go away after 11 years) -Fixed mortgage insurance (0.85%).

Stop comparing it to other states, lets keep it all about Cali. 

Don’t compare small MF values with SFH.

Rates for those types of loans programs should be a little more comparable to conventional. 

@Xiaowei LiAgree with @Jaron Walling, I invested in both, and I had better outcomes with small multi's compared to condos. 

She is frustrated that we went with another contractor and we actually over paid her compared to our contract.

I now think of a % figure as a good way to compare deals, but not a good way to evaluate individual deals.I'm looking for rough estimations through this form to hopefully crowdsource reasonable estimates for an average 2 - 4 unit multifamily in Ohio.

I'm trying to compare whether to use a conventional or 203k loan.

I love looking at these and comparing cities around the country.

@Jason Hirko what do your clients look for on a return compared to their initial cost basis?