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Updated about 7 years ago, 09/15/2017
Can't find good fourplex... should I build one instead?
Hey BP!
So I live in OKC and I am in a conundrum. I want to househack, but I am having three issues.
1) Very few fourplexes are on sale in OKC. I can generally find only 1 to 3 in a 50 mile radius.
2) Of those 1 to 3 fourplexes, I have never seen one that I would actually want to live in. Budget is not an issue, rather supply. I actually search with no upper limit on prices to ensure I don't miss any opportunity.
3) All of the fourplexes seem like they were made 30+ years ago and deferred maintenance is a huge problem here.
In this scenario, would anyone know the pros/cons of building my own fourplex? I don't even know where I would get started.
Thank you!
Roshan