Hi BPersI bought and completely remodeled a building with three side-by-side, 2 bed 1 bath apartments and one small, 2 bed 1 bath house on ~1.5 acres in Ojochal, Costa Rica.

Subtract $2300 for one unit and they're paying $1400+expenses to live in a $2300 month apartment and area.

Feel free to message me if you want to dive deeper—I’d be happy to share what’s worked for me!

That said, when On the Market first came out there was a distinct feel and format to it.

There are many loan programs to help out first time homebuyers so don't feel as if this is too ambitious when there are tools to help you out, like use here on the Forum!

@Polat CaglayanI've never seen a formula but here is a general rule of thumb for multifamily:The class of an apartment refers to the quality of the building, which can be determined by a number of factors, including age, location, and condition: Class A: These are the highest quality apartments, typically built within the last 15 years.

I have a deal on a triplex in Spokane, and i feel it is a good deal, does anybody have time to answer some questions?

I feel sorry for the people losing everything in the fires , insurance will go up .But I wish I was the guy  driving this bulldozer ;t=162s

You don't know for sure exactly what their occupancy rates are but you can certainly get a feel for it by seeing what future dates are open.

If you can find a place where the HOA or COA is flexible and you are able to convince the membership to go into development and perhaps convert the property into a co-op you could build a new apartment complex with commercial rental spaces on the ground floor and residential spaces on the top.