You can live in one unit and rent out the other three.

I currently invest only in rural communities and small towns and its allowed me to scale to 24 units in three years. 

When he came to me, she was three months behind on rent, and her unauthorized dogs, cats, and roommates had caused about $4000 in damages.

And I was greatly relieved when the three year statute of limitations had expired.  

Purchase price: $80,000 Cash invested: $80,000 This is a reno- adding a 1 bedroom unit to a three family home.

And at the top, you need three key people: an artist (to deliver a great product), a manager (to keep things running smoothly), and an entrepreneur (to drive it forward).

Yes, i have ring cameras etc.Excellent suggestions. 

Hi Benjamin, call three insurance companies and get a quote, start there first.

You probably need to pocket 20%-30% of the upside over the first three years to make this make sense.  

Long story short, you spend a month cleaning and renovating, then you find a new tenant after just 15 days.In total, you lost three months of rent income ($3,000) plus paying utilities ($500).