Small 4 unit multifamily only 30 minutes from the beach

[Alana Reynolds]

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Pittsville.

Purchase price: $410,000

Used my VA loan to purchase this 4 unit building, closed April 30, 2021. I have been planning on moving into one of the units but dealing with difficult inherited tenants. I want to build my rental portfolio rather aggressively so my plan is to live in a 3 bd unit and have two roommates. In addition, rent out the other 3 bd unit by the room since the need for housing is prevalent.