All Forum Posts by: Bryan F.

Take the fence down and save the money on the replacement. Easier to mow and maintain between tenants.

I know the package you are looking at. This is a terrible deal that will be cash flow negative after capex. Finding decent management won't be an issue. The current PM does a good job. Vacancy will be a bit higher in a couple of these towns (Butler specifically). These are all 100 plus year old properties that require higher capex estimates (I know from experience). You can find better deals for individual properties in more desirable areas on the MLS. If you're interested in the area, I'd start there. Review the listings/recent sales on multi-families and you can pretty easily spot the agents that specialize in investment properties in the area.

I'd certainly be interested if it were on the north side, south side, not so much. What centrally located zip codes did you have in mind?