<deleted> Sorry, website connection went down and triple posted

I've actually considered the possibility of selling my existing multi-family, as well, to take advantage of the equity to use as a down payment on a triple decker.

Triple might be safer.

As a side note, it looks like it's going to be a triple tenting, there are 2 other properties we are having done about the same time.It's been back on the market for a week now, had several showings and one offer we declined based on price.What did I learn?  

Are they gross or triple net or somewhere in between?

The difference being that RE in Denver has tripled or quadrupled in the last 20 years and rents are ahead of inflation.

That costs the owner money.After that, the PM should have good systems in place to make the operation move smoothly and to make sure everything gets addressed in a timely manner.The real challenge is the law of triple constraints, Done Right, Done Fast, Done Cheap.

This will be somewhat dependant on the condition of the property but I think a number triple to the one you've given would be more accurate over the life of ownership.All that being said, this could still turn out to be a nice deal.

Double check and triple check your numbers and then trust them.

I sell manufactured homes and I saw a listing of one of my homes with the same pictures, different description and triple the price on CL.