Sorry, I'm not buying this story.From make-ready's.

So, if you buy an older home it's typically much cheaper, since you're not paying much for the structure. 

But one of my clients has most of his portfolio out there.He buys cheap, renovates and rents out.

Investment Info:Single-family residence buy & hold investment.

My husband is a contractor which gives us a leg up in flipping, but we are also curious about diversifying and buying rentals.

If you're prepared to acquire multiple properties at once, you can gain a competitive edge and negotiate better deals that simply aren’t available when buying individually.3.

Quote from @Jaycee Greene: @Orlando Johnson Are you still looking at buying this property?

Investment Info:Other buy & hold investment.

Multifamily is incredibly complex and if you don't understand the metrics or calculations behind it, you're going to get burned. if you're just plugging numbers in until it "goes green", you are either going to miss out on deals or buy something you shouldn't. 

Buy something else.