Stabilized it to high teens.

The "fine print" here is fairly sizeable upfront fees and high interest rates, relative to a traditional construction loan from a bank.  

There was a plumbing leak in the crawlspace under the house and is causing the high clay content soil to heave.....causing a 3-4 inch rise in the middle of the house flooring.   

If the complainer can't smell it in their apartment, but, are uptight enough to be bothered by the passing smell in the hallway...it may not be the smoker that has the problem.I have found that complainers/boat rockers are often wound a bit to tight, and that when you are a highly responsive empathetic landlord, they turn you in to their own personal karma delivery machine, to right all the wrongs that previously fallen on deaf ears.Good luck.

@Will Almand, I would argue quads are always going to be in high demand.  

But when I share that the low point on that visual is 1.700% of mortgages, and the high point is 1.730%, maybe the context makes a difference.

I would highly recommend getting a single member LLC.

Where these numbers are found, there is a very high rate of rent actually being paid.Here is a video where I analyze a property in the Detroit area if you/anyone is curious.

Cash invested: $40,000 Sale price: $205,000 Strategic Market Pivot: From Long-Term Rental to High-Yield Fix and FlipThis property was strategically transitioned from a single-family long-term rental (LTR) into a fix-and-flip project after analyzing market trends and identifying a pivot that would yield better long-term returns.

For example, if you’re holding a triplex in Irvine, the strategies are going to differ greatly from someone managing high-end rentals in Newport Beach.Costs and Terms: Watch out for hidden fees.