Max Value Quadplex Build

[David Edwards]

I've been looking into maximizing performance and one scenario is the idea of building or acquiring a quadplex to take advantage of lower down payments / lower interest rates of a residential mortgage but then layering this with a max value rent by the room strategy.

In many places it seems you can have 6-8 unrelated individuals in a home.

Is anybody maximizing these joint strategies by building out a quadplex with 6-8 bedrooms per home and then renting out per room? this would get you to 24-32 tenants.

My thought would be to have each room with it's own bathroom, hire a cleaning service for common areas, and building out a shared deck for the four buildings and maybe a smaller building as a common area as well.

Any flaws to this idea, assuming numbers work out? Biggest headache I could see would be property management and finding a lot in an areas where room rentals are in demand.