You want that other 15k on the side for reserves, especially if you are buying a multi.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Initially I would become friends with several real estate agents that are familiar with the area you wish to invest in and who are also familiar with the ins and outs of a multi family property. 

My exit strategy is to sell off my multi-family rentals and exchange them for single family homes in desirable neighborhoods.   

Own few condos and single family now looking to expand into multi family 

At entry there is a multi-exit strategy and multi-hold strategy contingent planning well mapped out.

I wanted to start with a multi family.

I personally like multi-family properties as they have less capex (one roof to replace vs multiple) but that is just my style with investing.

@Paul BogardTo rent out multiple bedrooms in Philadelphia, understand zoning regulations, consult a knowledgeable real estate agent, hire a property manager, and consider multi-unit properties, student housing, and co-living spaces.

Hi everyone,

I’m exploring a potential investment and would love any insights from those with experience in similar properties. I’m considering purchasing five units in an eight-unit light industrial property struc...