You probably have good relationships locally so I would first think maybe upgrading to more units (if you like landlording and management) by selling the duds and then consider what you want to get into.

A year ago I recently purchased my first multi family to house hack and I rant into a issue when the seller paid for a electrical upgrade to the home.

Thanks in advance to everyone who shares their thoughts.Hey Greg, I’d recommend buying a multi unit property that could use minor upgrades and buying all cash.

I just keep waiting for a UX/UI upgrade they say is coming. 

Using a 1031 to upgrade to a two-family could help you reduce or eliminate the $1,000 out-of-pocket expense you’re paying now.Also, condos often come with HOA fees that limit cash flow, so be mindful of their impact.

I’ve seen people buy land thinking water was covered only to find out they had to pay 6 figures to get water re-routes or upgrade pump stations.

There have definitely been some upgrades in the park itself and there were some new restaurants/hotels and they did try to make the streets nicer. 

If there is no change (in the efficiency of algorithms, or upgrade of hardware/tech), all these miners keeping bitcoin alive will pull out because it will cost too much to run. 

Purchase price: $165,000 Cash invested: $20,000 I bought a duplex in Racine that needed a lot of cosmetic upgrades.

There are a lot of other design upgrades you could make too.2.