Rentals are tough based on the rents vs the purchase price of homes out there.

I think I’ve covered my bases, but I’d love to connect with others working on similar models or interested in this niche.Looking forward to hearing your thoughts!

I am an aspiring serial house hacker based in southern New Hampshire actively searching for my second small multifamily deal in the Nashua area, but I've hit a wall with inventory being so tight in my local market.

We are based in Memphis and happy to provide any insight or feedback. 

Or just wait until a year passes and he can rent it out  Following - I'm based in California in The Bay. 

P.tax and insurance rates are REACTIVE, because they are based upon a % of the property value.

Quote from @Samuel Hudson: Hello friends I am new the market and recently bought a home in Weehawken 6 months backs .Its a three family home and we are currently doing renovations Right now.The rent leveling board told me that two units would have to follow a rent of 1650 for unit 1 which has three bedrooms and another unknown amount for unit 2 which they don’t have the information for .The previous seller I purchased the property from bought it as a tax lien .He has kept the property vacant for two years with no tenants before selling it to me .However ,the previous Owner he bought it from must have had tenants .I am putting in a lot of money into renovations and want some clarity on the situation I am in .The property has been vacant for the two years and currently still is as we are doing renovation .It would be really appreciated if anyone can assist me on what information needs to be provided by from the previous seller for me to be able to set the rent based on the market value .Thank you . 

Hello @Johann Villalvir,Congratulations your accomplishment.Some background: I am an engineer and what I do in our investment services business is primarily data science and software development.We use data mining software to evaluate thousands of properties based on about 40 behavioral characteristics of our target tenant segment.

It is very algorithmic-ly dictated based on and numbers and percentages. 

From my understanding, based on my experience buying and selling properties in Texas, any known repair or damage—even if resolved—should still be disclosed, along with a note explaining that it was fixed.