Why they need to inspect the interior when the exterior is pristine remains a mystery, but we don’t make the rules.

Or the rules change and the greater STR revenue is lost and you have to switch it to a LTR and hope for the best.

Just in case.Ultimately whatever correlates with your future plans but a solid way to build long term wealth.

Less commonly, I’ve seen investors prioritize the 70% rule when evaluating deals.With so many different benchmarks out there, I’m curious—what metrics do you personally prioritize when analyzing deals?

78 Endicott St, Peabody – A 4-unit property with all 2BR/1BA layouts and off-street parking in a prime location near Route 128, the commuter rail, and Salem—just a 30-minute drive to Boston.Investment Breakdown:Purchase Price: $900K20% Down Payment @ 7% Interest: $180K → P&I = $4,790/monthRenovation Estimate: $200K ($50K/unit) → Total investment: $340KOperating Expenses: ~$18K/year (taxes & insurance)Stabilized Rents: $2,300/unit (market comps)Cash-on-Cash Return: 9% when stabilizedThis deal checks a lot of boxes:Max units for residential financing – You could live here & house hackCosmetic rehab potential – Flooring, cabinets, counters, appliances, paint (~$50K/unit)Strong long-term ROI – Factoring in principal paydown + 2% appreciation, a 5-year stabilized ROI of ~75%Pre-pandemic, these deals were more common closer to the city, but now we’re looking slightly further out—yet they still work as wealth-building assets.

Your payment requirement would rule you out for us. 

My wife and I are in Stillwater and have house hacked for a number of years as well as flipped and own mixed use buildings in Western Wi.

Starting with an owner-occupied duplex is a smart way to build equity and gain experience.

The seller has the two lots legally separated, but due to deed restriction imposed by the subdivision development, found that building a house on the “tennis court” lot was not allowable. 

Asking in the correct forum will get a better response.Read the RULES!