Investment Info:Large multi-family (5+ units) buy & hold investment in Bryan.

The big unknown is how deep the electrical and plumbing work will go.Also, with the attached 1/1 unit, I’m debating whether this could work as a long-term hold instead of a straight flip.

If you could furnish the rooms, I'd say that is best bet for cash flow.

We've thought about trying to sell off each unit.

Some buyers enter these agreements without fully understanding the financial commitment, often influenced by overly optimistic advice.

Recognize buying rent ready units have very thin margins and most properties purchased off the mls will have negative cash flow.  

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

The city board of adjustment meeting was held today and we presented our case and explained that we made huge investments into the home to remodel and furnish it with the belief that we would be able to operate it as an STR since we had an approved permit.The Board denied my request and did not take any responsibility. 

Of course it isn't fully "dead" but it is real hard to find and only possible off market. 

If you update to max number of conventional units, you will be able to add an ADU for each conventional unit