You have to have a specific angle on a property or be willing to put up with title or condition problems that nobody else is... or compete with cash-rich guys who buy these things all day.At least I didn't overpay, or even worse, fail to do due diligence and end up with a broken foundation and a jumbo IRS lien!

Mine was like broken SF with multiple building and doors, so it's like a flip, have to spend quite big to repair the homes.

Since I get almost daily messages regarding small multi-family opportunities in Charlotte and find myself repeating much of the same information on the phone during intro calls, I figured I would go ahead and put my experience into writing for others who are doing research.

If I can pick up the phone and say I want a 3/2 1500 sqft house for around the same price as a stick build delivered and installed on my foundation in 30 days then that would get me excited.  

A lot of things are not used in store. 2 coin machines, 1 is broken and could be replaced by a card reader, large vending machine empty, soap vending machine coins could be converted to card.

Fix up-front everything you know is broken or will break soon.

Does Batchskip provide a high percentage of real, working phone numbers?

My family is very frugal and minimalist, so other than food and baby stuff and a monthly public transportation ticket, 10 dollers a month for cell phone,  we have no expenses.So what do i do with all my income?

But also, these tenants might inhibit your ability to push rents on the other units, since tenant junk on balconies, or broken down cars in parking lots, etc just paint a bad vibe for the whole property.If it is a "marginal" tenant, I would give them an aggressive increase.  

You can also do skip-tracing, which gives you the ability to find the homeowner's most recent phone number.