No one is going to pay more than 4-5k, and even then finding that tenant is very challenging.

I let VRBO and AirBNB handle that.Bottom line is you are taking a risk every time you allow folks to use the house.

Finding the private money seemed to be the biggest challenge my friend has had while doing this. 

I have a few concerns that I wanted to get people's thoughts on. 1 - Selling a quadraplex 10-20 years down the road seems like it may be challenging as the market for that type of asset is small.

It is challenging in the winter months as people tend to focus on the holidays, shopping, dinners, parties, etc.

Hi, BP community,I'm looking for some guidance on how to handle my current investment property.

That’s not guarenteed..talk to a CPA who’s handled something similar, as these nuances can get tricky.

And you have to challenge their asking price. 

One of my rental properties is located in a low-income area, which presents unique challenges in finding suitable tenants.

You’ll often see sales with 100-200% swings within the same area, which makes having deep local knowledge and understanding the nuances absolutely critical.I do this for a living, and even with experience, comping in Detroit can still be challenging.