.### Avoid Common MistakesBe cautious of common mistakes like underestimating repair costs, not having a solid exit strategy, and overpaying for the property.

This is a solid, predictable income stream.Low debt: With only 7 years left on the loan, you're close to owning it free and clear, which will significantly boost cash flow.Diversification: Keeping the fourplex provides diversification alongside your other investments and W2 income.Local market knowledge: You likely have a good understanding of the local market after 10 years of ownership.STR potential: Michigan has some attractive STR markets, especially in tourist areas.

I couldn’t agree more about the importance of learning and building a solid team.

Having a solid team around you like agent, lender etc.

It’s a solid approach, especially if you’re working with a smaller budget.

That 14-unit complex sounds like a solid opportunity, especially with those separate meters and central HVAC.

First off, solid plan with Anderson, SC – love the flexibility of those basements!

Expect in most of these areas homes built 2010 or older on average, with many solid options built before 2000.

While they are good communicators, experienced with Section 8, and their software for rent collection is solid, we're increasingly concerned about a few key issues and would appreciate input from anyone with similar experiences:Turnover Fees Transparency:The turnover fees seem high, and despite our requests for itemized breakdowns and man-hours to justify these costs, we feel they may be taking advantage of our out-of-state position.

But since it had no occurred yet, there is no evidence of it happening at the moment.