using this form of financing is a great way to acquire/fix a property but if you are looking to hold long term you would want to find long term financing. 

So, I'd look to the other properties and ask whether the ones on the street also had only street parking versus access to a driveway.

Was a family members property.

When it comes to multis, you'll also be able to add in your tenants rents as qualifying income on the property which helps tremendously.

Personally, I invest in properties in C-Class neighborhoods in my market (East Linden and Southern Hilltop), and they’ve been cash-flowing well so far.

I got the property off-market for $250k from a trusted family friend.

Purchase price: $645,000 Cash invested: $60,000 Two Unit property with lots of living space3000 sqftOne parking spotBrand new kitchen addedW/D in both unitsGood for Long term / Mid Term / Short Term What made you interested in investing in this type of deal?

Should I consider: Purchasing rental properties?

In addition to STR'ing the main house, he is building 2 more units (ADUs) on the back side of the property.

I specialize in small multifamily properties and house hacking working alongside BiggerPockets podcast guest Andrew Freed to help investors find high-performing deals in Central MA.My Background:  - Started in late 2019 I utilized an FHA loan to get my first 3 family property in Fitchburg, spent about a year fixing it up and soon after I refinanced.