So according to my calculations for my loans which are at 6.8% ($170k worth), I would roughly need a return on an investment of 9.44% to be equal to simply paying off my student loans, based on my tax bracket (if my investment was hit with income tax of 28%).

Definitely more hands on and not sure I want to be too hands on with a rehab on a MF...Just curious if all else was equal, would you look at triple net commercial as a better long term play.

@Alex Craig  unfortunately the cycle in these price point homes is just a rinse repeat cycle.. burnt out landlord syndrome.. local wholesaler investor snags them from out of area buyer tired of losing money.the chances are greater than 99% that htis person will never make a dime first 3 months his cash loss's will equal 3 to 4 years of cash flow so he will never catch up... and now he is stuck.. property as it sits is probably not worth more than 15k or so to a local wholesaler / low end turn key buyer... sad but true.And its why I always preach on BP buy the BEST you can buy not the cheapest.. the cheapest in the midwest markets is only appropriate for locals that own lots of these and do it for a living.. these are simply not appropriate for out of area passive investors they get killed financially .

At least if they do find out you have an illegal unit, you can offer your alteration as a possible solution and claim ignorance, vs blatantly ignoring today's rules to put in something equally illegal.

Less than 10% downLess than or equal to 12% interestLess than or equal to 5 pointsasset based with no credit check required.Thanks for any help,Ryan

All things being equal would it be a big factor in stoping someone from buying the house?

. :) 5 grapes plus 7 grapes divided by 4 children equals an average of 3 grapes per child.

@Anthony Mikolich Tenants do not equal "bad".  

The duplexes available in the Boston market are typically in rougher areas that come with another set of issues.If it was your first rental property, which of the three would you go with (all other things being equal - assuming they were in the same quality location).  

While the 100% point is Ideal(indicating Reserve cash is equal to the value of deterioration), a ReserveFund in the 70% -130% range is considered strong (low risk of specialassessment).