I’m considering amulti-family property in the 76104 zip code of Fort Worth, TX, and I’d love your feedback to help determine if this is a good deal.Property DetailsAsking Price: $169,999 (seller says it’s negotiable).Current Rental Income: $2,400/month (duplex is vacant).Configuration: Combination of duplex and triplex units.Some units are rented at below-market rates.The duplex and need rehab.Historical Income: Seller claims it previously brought in $5,000/month when fully occupied.ConditionBuilt in 1934, so it’s an older property.Some permits were recently pulled (e.g., plumbing, window replacements, and sheetrock repairs), but it still needs work to get the vacant units ready to rent.It’s located in a neighborhood with a higher crime rate but also near major highways and areas with rental demand (e.g., downtown Fort Worth and Texas Christian University).My Goal:I’m focused on cash flow, and this property seems like it could work if I can stabilize it.

Hi All - I am considering to invest in Rochester.

I think having a balanced budget would be ideal where you allocate money into buying another property and money set aside for renovations.

The out of the box strategies and set ups sold will never replace customized AP/Tax strategies based on individualized circumstances. 

Companies have considerable flexibility in choosing where to set up new operations.

Both are almost set in stone.   

You also might want to consider remote thermostats in case one tenant wants freezing AC and the others don't.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

You can't charge extra pet rent or even a pet deposit because it's legally not considered a pet.

You'll either need to write and mail a check or call and pay with a card if they are set up for that.Is it for a contractor who is doing a renovation that will be 30k?