Our team’s handling stabilization, so it’s basically turnkey—perfect for someone who wants rental income without the chaos of a fixer-upper.For those of you who’ve made the leap from SFRs to multifamily, what was your first deal like?

@Jithu JoySince the website is basically no longer there I would say stay away…

You could have picked it up, flipped it right back on the market for $300K without lifting a finger, or done a basic builder-grade renovation and sold it for $625K+.Also, most homes in the South End fall under RMF or R6 multifamily zoning.

All of our self-storage run at basically 100% occupancy except for our most recent addition. 

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

My son currently lives in the townhouse b/c he is going to school and works in the area.Since he is young and starting out in life, I would like for him to only cover the basic costs (taxes, HOA, utilities) just enough for me to break even (I believe that will put him slightly little lower than market rent rates). 

It’s pretty easy to figure out when I’m basically paying for a full time employee.

Its really a gamble that you have to be prepared for. 

If you self manage, you save that money, but you are basically taking on a side hustle.  

Basically partnering on one single effort.