Each market has its quirks; like, San Antonio is all about maximizing cash flow, while Austin tends to be more of an appreciation play.

I have family in construction who have looked at it and feel it has fairly solid bones and I like the location and think it's on the way up.

For my calculation, I've assumed $1200/yr utility paymentsSeller is asking for $5,25k, but according to my calculating a fair price at 7.5% cap rate woud be $4,80k.What do you guys think?

@Anna Antipkina fair game as far as I know!

He has also played a key role in facilitating communication between the new tenants and myself, ensuring a smooth coordination of arrival times and addressing any specific needs they may have.

It seems these can be constructed fairly easily for around 6-8K.

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

But OP is asking about a 6-unit which, to be fair, there are some residential "DSCR loans" that will dabble in the 5-10 unit space, so maybe it's out there, I can't speak to that.

And, ultimately, she is raising the money, which means that enough people trust the prospects of her performance.You simply have to decide where you stand and play or pass.

Family members staying in the room say that she's lonely and wants to play.