One that I'm getting close (hopefully) to the end of, was a flip that was a public nuisance property with two lots on either side full of junk (like 10 dumpsters worth..)There was great opportunity with the house, but we bought the other lots as well and cleaned them up (as no one would ever buy the house with those lots filled with junk). 

Bought by letter writing campaign.

I wish I had done it when I bought my first house!

We bought a lot with cash 2 years ago with plans to build in 2024. 2024 was a bad year for my family.

Your mention of using GRM as a first pass and then diving deeper into cap rates and IRR is exactly how I’ve seen some of the sharpest investors I know operate.I had a buddy in Chicago who bought a four-unit last year in Pilsen.

:)Someone I reached out to on an off market deal told me that they couldn't sell because they bought the property as a rental in the 70s and didn't want to pay the capital gains. 

I bought the property at $365k, and its new *estimated* value after renovations is 390k-400k.

I just bought in Indiana last month given how bad the numbers are here right now.  

The triplex we bought was fully occupied so we did 1 unit at a time as they moved out.0 Vote  That's great - Are you going to continue with cosmetic rehabs or dive into something that needs a little mjore TLC?

@Michael Nguyen I bought a SFH first because I found a good one that made financial sense.