Purchase price: $310,000 Cash invested: $50,000 Big Blue - 2 units fully rented, 1 with section 8 tenant and 1 unit being used for short term rentals What made you interested in investing in this type of deal?

Quote from @John Warren: @Mordechai Chaimovitz cap rates and NOI are commercial real estate terms, and 1-4 units are not really valued in the same way.

@Joshua MiddletonI am very familiar with that street, good friend used to rent Long term on it for about 7 years.  

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

✅ Preferred loan terms (LTV, duration, etc.)?

But long term, I can’t hope to be a little giddy, always with a skeptical eye toward the horizon, of course.Be cautious out there.

But, it is bad for landlords, long-term.

Knowing your long-term plans can help you build a long-term financing strategy so that you are not just worried about purchase number 4, but also purchases 5 - 20+ (if you plan to continue to invest).I'm an investor and licensed mortgage broker.

That term is generally used when zoning has change, such that it if the structure were destroyed, it could not be built back. 

I'd buy and hold the property long term and use the equity you gain to buy more property.