I recommend you make a video of you entering the unit and documenting exactly how it is found.

., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?

You'll need something like 125 units netting $200 per door to get there, that's about 10 million worth of multifamily in today's money, so you'll need about 3 million in down payments.

I'm not quite sure what it would look like, but I definitely want my units back in rentable condition with as little down time as possible.Thanks! 

I feel like I need to stay local (Greater Cincinnati OH)2-4 units.  

Just make sure the town is ok with the land being zoned for multi-units, and look into construction costs, financing options, and permits ahead of time.

I will be living in the guest house, while renting out the main.Both units are without washer and dryer units, my question is, do I supply them in the main house; or let potential tenants figure that one out?

Renovations are almost complete and will be looking to rent out a unit.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

After the crash of 07 to 09  that area had a 11 YEAR supply  yes 11 Years.. you had condo towers built  U know 300 units and only 20 sold the rest were vacant. it was a mess.