Multi-Unit House Deal?

[Ryan Smallegan]

Hello All,

I am new to multi-unit rentals. I have done single family homes but I know that with more tenants come more trouble. The deal I am currently looking at is as follows:

9 Unit House with rental income totaling $5150/mo (at current pricing with current tenants)

They are asking $300k which doesn't seem too terrible.

Any input into this deal or into rental a multi-unit older house would be greatly appreciated!

Thanks,
Ryan