In taking this property over, we do not want any blip in service.

I assume there will be a difference of interest in taking the purchase loan vs "cash out refinance or delayed financing".

Hello, I recently came across a quadplex that i am interested in taking action on.

I believeIn strong reserves to weather the storm but I also believe in taking risks and being an investor.

Check and write off everything especially when inheriting tenants make sure their data/ information transfers with you or they fill out new intake sheets and it be readily available at closing.

@Sol NaimAs others have noted, this is probably because the zillow algorithm has just done an intake of your purchase price.

@Mitchell PowersThere's inherent risk in taking on roommates.

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Rougher tenant base typiclly and more delayed maintinaceand & vacancy, whitch will deplete your cashflow and increase advil intake. 

I'd read a lot more and get familiar with things a little more before jumping in, but DEFINITELY jump in, taking action will teach you the most!