I’m in CT and just bought a 4 family house that was operating as a 3 family. The owner had converted one of the floors (that had 2 units in it originally) into a single unit.

It is still listed as a 4 family on the ...

I hope you guys can share your experience of from the first rental property to second, third, or fourth property.

I'll second what @Hadar Orkibi said about not applying for anything that would affect your credit if planning to take a bank loan or similar.I went on a rewards credit card rampage last year and signed up and was approved for 3 of them and finally denied on my fourth attempt.

Some duplexes only share walls between garages so the units are much quieter like SFH, some share common walls in living quarters and those common walls are not as soundproof as townhouses in general. 

- Does the PM handle evictions- Do most PM's print up quarterly reports to show if building is making or losing money- Basically, do I pay the PM monthly off rent, and then literally manage the entire building?

I would simply add a second, or third, or fourth mortgage on a property as my commission.

Hi, I  bought my home(Bayonne, NJ) around Dec 12 ,2016, tax for 1st quarter 2017 was already paid by previous owner, so I paid that amount in closing of home then for the remaining 3 quarters I paid via Escrow account later as part of mortgage installment. so when I got 1098 for year 2017 from my mortgage company it includes taxes for 3 quarters only, not the 1st quarter.so I how to get 1098 for 1st quarter of 2017                     also I have paid all taxes for entire year of 2018 in advance directly to city hall in Dec 2017 due to various news/rumors about federal tax changes on property taxes, so how I will get 1098 for year 2018 and when I can claim that, in 2017 or 2018, when I advance paid tax city hall have accessed for 2 quarters only, so paid twice of whatever they accessed for two quarter...Thanks

My mom lives in a nice one but you will never see one on the market as a whole because they are built more like townhomes that share a wall or two (think a square divided into quarters that remain square) and are usually sold as individual townhomes.

I also inspect quarterly and follow my lease to the letter...

If you have 500 k in equity total with 3 properties and you want to buy a fourth for 200k,  can that equity be accessed without refinancing the 3 properties already owned?