Only first hand experience with a contractor will provide you with some semblance of a performance and/or quality guarantee.

But pushback from neighbors and the council can be costly in time and money 

I'm based here in Memphis and work with a lot of first-time investors who are in the same exact spot: ready to take action but unsure where to start.The fact that contractors aren't an issue for you is a huge head start.

Since 1 quadrant here is the first year, an IRR would need the following years, wouldn't it? 

I know, because I buy em out all the time.

I’m Oleg, a first-time real estate investor based in Parma Heights, OH.

This isn’t my first property, so I’m not entirely new to real estate.

I’d love to learn how to do it efficiently (and protect my credit at the same time).

Sellers are smarter, and some places now make you get a license.Part-time?

Multifamily comps here in Milwaukee range around 6 or 7 for most properties, can go as low as 5 for high-quality assets and 9 for distressed properties.Total ROI including equity should be in the high teens at least for stabilized assets, prob in the 20s for the first years.