Investment Info:Single-family residence buy & hold investment.

Since it is a family member and I would potentially buy the property for under market value.

This will be my first home purchase, and I am aiming to invest in multi-family properties.What should I be aware of when purchasing a multi-family property?

Small multi-family properties starting at over $1M, which is pretty expensive and, resale single family (before year 2000) offer minimal cash flow (~$200-300/month).2.

A cost segregation study was performed on this single family home in Iowa City, Iowa with a depreciable cost basis of $649,900.

You're right that it's getting tougher to find solid cash-flowing properties ($600 or more) in Grand Rapids, but the appreciation potential of a single-family home or duplex in Grand Rapids would be much better than that of a mobile home.

I have to ask, where did you take your family for dinner?

There are also abundant opportunities for small multi family and SFH.

The victims are a family in Texas that loaned him their life savings.Any leads on his financial assets would be appreciated and greatly help this family. 

Investment Info:Single-family residence fix & flip investment in Goodland.