I’m considering amulti-family property in the 76104 zip code of Fort Worth, TX, and I’d love your feedback to help determine if this is a good deal.Property DetailsAsking Price: $169,999 (seller says it’s negotiable).Current Rental Income: $2,400/month (duplex is vacant).Configuration: Combination of duplex and triplex units.Some units are rented at below-market rates.The duplex and need rehab.Historical Income: Seller claims it previously brought in $5,000/month when fully occupied.ConditionBuilt in 1934, so it’s an older property.Some permits were recently pulled (e.g., plumbing, window replacements, and sheetrock repairs), but it still needs work to get the vacant units ready to rent.It’s located in a neighborhood with a higher crime rate but also near major highways and areas with rental demand (e.g., downtown Fort Worth and Texas Christian University).My Goal:I’m focused on cash flow, and this property seems like it could work if I can stabilize it.

@Jesse Thomas Would love to know how this is going!

I believe that mentorship and collaboration are key to success in this industry, and I'm here to learn from all of you and contribute where I can.If you're in the Charlotte area or have insights to share, I’d love to hear from you!

I’d love to hear your thoughts on strategies to achieve breakeven or positive cash flow in the long term.

Love the idea of rolling them together into a larger property and have a company then manage.

Let me know if you are interested.May we all know the love and salvation of Yeshua - HalleluYah!!!

I think I’ve covered my bases, but I’d love to connect with others working on similar models or interested in this niche.Looking forward to hearing your thoughts!

Whether it’s a deep clean or a quick standard turnover, I’d love to know who’s been your go-to.

If they are on a month to month, I would serve the notice of non renewal.

I'd love to hear anyone's experience in the construction of a duplex on land.