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Updated over 10 years ago,
Buying a 4 plex
Yesterday I looked at a 4 plex (first time looking at a 4 plex ever!), which currently has all units rented out. The property is in overall good shape. It has a new roof which was put on a few months ago, a brick exterior. And the windows seem to be in decent shape. Because of occupancy I was only able to see one of the units. I liked the unit we did see, but I'm worried about putting in an offer before I can see the rest of the units. Is this common practice?? Should I insist on seeing all of the units before I put in an offer?
I'm used to buying SFRs which need some fixing up, so I'm just thinking that they allowed us to see the best unit. I would hate to buy it and have to immediately stick money in, without my knowledge of anything being wrong. Any advice??