Be careful.

The “worst” appraisals I’ve seen (on a consistent basis) as to over valuation are on non operational health care facilities.  

A paying bird in hand so to speak... as long as they're taking care of the unit and paying.

I personally don't care.

When you do your first renovation, the last thing you want to do is to cut corners.

Older multifamily properties, like the one you’re considering from 1920, can be solid investments, but there are key areas to assess carefully.

I am no expert but have been present for a few inspections and i always like asking questions.I agree with all that was said already especially holding individuals accountable for caring for their own system.

Take care, Pat & JasperTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

(average of $400/m) $7000 annual expenses roughly- insurance, septic Mgmt, lawn care, etc.

Just change your settings and discounts to attract MTR or LTR crowds,  personally, I would be careful Of furnished finders.