Hello All,I am moving out of state and currently own 2 Bed 2 Bath condo that i have lived in for 4 years as of this month.Numbers Bought it for                $248K in Dec 2020 with $13K down (5%)                       $25K  Upgrades added

@Michelle Wang"My current lawyer has been somewhat helpful, though the case is progressing far too slowly.

Quote from @Makani Donaldson: Even when the market was great for investors (2012 - 2020), most investors would say good cash flow was $200+ per unit, per month.

Most investors seem to want to use leverage to boost returns. 

Currently they need to be purchased with 100% cash, or, 50% down with high interest lending.  

*I currently live in the Northeast (U.S.). 

Take a look at the rents in LA currently in one of the attached links.

We currently live in Houston, TX but we will be relocating to the Seattle/Bellevue area this summer for work.

We were trying to buy a loan that was in default and the current lender was emotionally attached and has it listed for over $2M when comps are $1.5M. 

Most who get tripped up are those buying the smaller multi-families that don't possess the correct use permit/historical rental license activity.