Should I buy a 6 unit apartment building with a septic system

[Hamlet J.]

Hello all,

I am reviewing a decision if I should buy a 6 unit building with a septic system. The owner claim that he just invested 40k in a new system recently.

The price is right and the area is good.

Should I buy it or skip this one?

Hamlet

[Dave E.]

@Hamlet J.

If it passes inspection I would say yes. Just make sure your maintenance numbers include the cost of pumping and maintenance for the septic. It will increase your costs slightly. If the numbers still work, then it wouldn’t be a deal breaker.