Indiana has several markets that can hit the 1% rule, particularly with duplexes and small multi-family properties.

I also live in Orange County (Just north of Fullerton) and am interested in learning more about multi family house hacking.

Hello, does anyone else have any experience with Preston Eloy's FreedomSoft system?

I’m currently selling my main house and wanted to house hack but the only multi family properties coming on the market are like $1.2 million for a duplex and it just doesn’t math :/ Home prices here have always seemed to be higher than most areas. 

I would just stick to your systems and processes and if the fits not there so be it.

What is a good system to create around standardizing rent increases where applicable / best way to communicate it to the tenants? 

This loans absolutely works on multi family properties and is the go to loan for North New Jersey. 

Quote from @Richard Kim: I'm a fairly new small time out of state investor who owns a couple multi-family properties in Cleveland.

By exploring options for cost-effective utility usage, such as installing low-flow fixtures and implementing irrigation systems, we can significantly save on water expenses.To keep things running like a well-oiled machine, you’ve got to have a rock-solid asset management plan.

If the home is 100 yrs old, I'm assuming it's a definite gut which is going to require new plumbing, electrical, heating, cosmetics.I spent about $140K reno on my multi family in the heights on NY ave and there were massive problems with it but it was a gut to 3 units & adding 2 bathrooms, 3 brand new kitchens 4 bathroom reno in total, all new flooring, sheetrock , insulation, framing, doors, electrical, plumbing, paint, parts of roof etc.