I like the idea of taking advantage of the multiple wealth generating mechanisms Buy-and-Hold offers.

(Intention + Mechanism = Results) When the INTENTION is clear the MECHANISM will appear. 

Hey guys,Has anyone read some solid books that teaches the basics and mechanics of structuring and syndicating medium to large sized multi family buildings? 

.* Full Home Inspection - Whether you go FHA or Home Possible to House Hack* Mechanics and Roof should be solid* Cosmetic upgrades don't turn into full gut jobs.Let me know if you have any questions.Regards,Joe Scorese

Windows in each room must be able to open at least halfway for ventilation, unless a fan provides mechanical ventilation.• Safe fire or emergency exits leading to a street or hallway.

I love renovations and am very capable, my day job is a mechanical engineer.

I sometime allocate 75 to 100 per month for unexpected expenses depending on age and overall condition of property.Large capital expenses will need to be considered as well depending on the age of the mechanicals, IE. roof, HVAC, water heater, appliances Etc...Occupying a multi family is a great way to get started and get your feet wet.good luck!

The property is beside a mechanic garage so he suggested it even more so.

Aside from what the market is doing (which is a very important piece), I believe that simply understanding the mechanics of your goals will yield you better results.  

I couldn't imagine a full gut including electrical and mechanical work happening for that price.