It's a fixer-upper triplex with fourth unit in the back, ~80k. the goal is to live in it and possibly do a BRRRR. probably looking at an FHA 203k or hold off and rehab it over time as i get the money, potentially using the cash flow to rehab it. 

Looking to buy my third and maybe fourth this winter.

Good value add operators often can create significant value in a few short years, refinance, essentially getting the investors initial cash out...while they stay in the investment earning solid cash returns each quarter (payouts) while a suitable exit price is achieved in the 3-5 year period.  

(yes, they are lien-able, and depending on the boro sometimes they are billed monthly or quarterly, sometimes one utility bills for all 3 services or different utilities bill for 1 or 2 of them or each of them) 

Hey guys I hope everyone here on BP is doing great and ready to crush this 4th quarter! 

My main question is about the basement, about a quarter of it had concrete, but the rest was gravel.

Do you guys update yours with the market value of your real estate each month, quarter, year etc.?

Hi Daniel, Absolutely, I frequent Boston's back bay several times each quarter for corporate meetings.

And I have phases were some bank and some don't buy a quarter later and the tides change and lists perform differently.

The place is going to cash flow very well partially because the seller is very motivated and we're getting a great deal.Besides the 3 one bedroom apartments, there is a fourth unit that used to be a rinky dink grocery store back in the early 80s.