Too Close for Comfort?

[Mark Douglas]

Hello All!

I'm in the process of running the numbers on a few (2,3, and 4plex) deals. One of them is a 3 unit but it isn't a triplex, so there are no separate, walled off sections like the typical MFR. Two units downstairs, one unit upstairs. I think it's basically like a 3bd SFR.

My question is, for those that have owner-occupied, are these living quarters a little too transparent?  At least with the standard multi, you've got at minimum a separate door and a truly sectioned off floorplan, right?

I don't know if I'd want to be THAT close to the tenants.  Coming through the same door..walking through the same hallways, etc.

Any advice?

Thanks!

Mark Douglas