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).

However, I've NEVER had a note called on any properties and the vast majority were "subject too" and/or owner financing.

You then get the property rented Mar 1.

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

It was my first property purchase, and ZERO regrets.

Anyone have experience investing with Roers Companies, developer and operator of new multi family properties? 

A couple of things I like to tell my newbies-Owning a short-term rental property can offer significant financial benefits.

If you do the deal, ensure you have your property taxes set aside, because with seller financing there is not an impound process to handle the taxes and insurance. 

This is a great look cost preventative maintenance thing It also allows you to "inspect" your property periodically

Yup, property condition, vintage, neighborhood, tenant base, property management are all very important considerations.