I’ve been digging into the comps to make sure there’s solid data on similar layouts, especially since unique floor plans can be tougher to price accurately.

Quote from @Alex Minter: Quote from @Daniel McDonald: Welcome @Alex Minter I've been house hacking the past few years just north of Boston and understand the desire to build a portfolio.

Hi Beau, it sounds as though you guys are looking in a desired neighborhood as well. 

To wrap it up: filling vacancies is about more than just filling the unit—it’s about building desirability and urgency in the market before the unit even becomes available.

And remember, authentic content that reflects your unique perspective and experience will always be more impactful than recycled material.

It might be overpriced or might be correctly priced but is not generally desirable because of the work involved. 

Hi,Unique scenario.

Options like a unique amortization schedule or a 3/2/1 or 2/1 stepdown interest rate could provide initial relief to get you through the renovation phase while giving the seller confidence in a structured payoff plan.To determine an entry point, consider reducing the price based on the current NOI.

To give you an idea of what taxes look like on a sale below is an example for a property in Texas, obviously everyone's situation is unique and you'll need to meet with a CPA. 

It is a unique property with unobstructed water/bay views in the best neighborhood of Tacoma.