Also, you can find a lot of properties that need renovation, which looks like you’re looking to do.

Looking at your listing, the photos aren’t doing much to show off your renovations.  

Purchase price: $840,000 Cash invested: $285,000 Sale price: $1,200,000 Full renovation of all 4 units.

Or have other suggestions or tips for sorting property searches, managing goals, and renovation details.  

Commercial renovation loan

@Minji KimRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which is VERY important for stable rental income and low property maintenance/damage.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

I'm a financial planner who works with real estate investors - we have a client who plans to renovate a Clinton Hill (Brooklyn) property that has been in his family for generations into a multifamily rental.

Speed is a key advantage in the fix-and-flip industry; the sooner an investor can secure a property, the faster they can start renovations and list it for resale.Additionally, an earnest money lending partner can provide valuable insights into financing options and investment strategies.

I can't renovate with a tenant in the property, especially if they are paying below market rent.I DO find some properties that are in good shape, even tenant occupied that have a low cap rate - or SFR that have a low CAP rate - Should I be considering these properties?

You can find deals but they often need a lot of repairs/renovations, and depending on your skill and/or team, it might make these viable options or properties you want to avoid.