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Updated over 7 years ago,
Purchasing a four plex that is currently a group home.
Hello everyone,
I am putting in an offer on a four plex in the Como area of Saint Paul MN.
My concern is that 3 of the units are currently rented at a reduced rate of $200-$400 (normal market value easily over $1000) through 2018.
My question is: Will I have any problems transitioning this group home to a normal rental property after 2018?
Thank You!