Small Apartment Complex

[Jason Ianacone]

I am looking at diving into diversifying my income. There is a 9 unit apartment complex that is coming open for purchase. It was built in 1900 and the owner is going to sell for $133,000. When fully rented, it makes $3,095/mo. There is also an empty lot included next door so I could build a shed or storage units there. I live in a small town so I will have to manage myself. What should I be looking into as far as amount of time being invested in this?