Then look at places where you can buy those properties, and last investigate with HUD what is the section 8 rental in those areas.In that way, you will collect a lot of knowledge in the process.

Purchase price: $160,000 Cash invested: $45,000 My parents my wife and I own the property next to this one.

So, we bought the property 2 years ago, based on the valuation of the property considering income from 6 units.The sale deeds (from 2018- 3 sales) I could get from the City and the property tax statements (2023,2024) show that the property is zoned as 411 (apartments).

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

what were some things that drew you to these specific properties?

Quote from @Gideon Mukoro: Landlords, property managers, and tenant screeners—how often do you encounter fraudulent income documents (bank statements, paystubs, etc.)?

(FWIW,$8K on just the compressor seem excessive.)Otherwise, unless your contract with your GC says they will provide 24/7 surveillance, or you can prove the AC was never installed, you own the problem.If the property has been vacant for more than 30 days, most policies won't cover vandalism unless you have added a Builders Risk Addendum.

The property's expansive lot further heightens its appeal.How did you find this deal and how did you negotiate it?

Hey All, I have a friend who needs help with rehabbing a property in Curtis Park Historic District in Denver.

Hello everyone, I have been buying properties in OR and TN and am looking to expand into NW Arkansas after reading up on landlord laws and recent growth in the area.