Hi Willie, I think it would be best to wait until you have more capital to put down for a multi-family property. 

Quote from @Mark Waite: Taking my realtor hat off for this discussion and putting on my investor hat.

Quote from @Martin Streich: If it is in the middle of the contract term, you either have to terminate it and rewrite a contract, including the other tenant or wait until the contract is done and add the new tenant to the contract on the next lease.

While I know BP founder started syndicating a while ago, I wonder why they wait till now to launch PP.

How would you like to be a tenant waiting on a repair because the owner wants 3 bids for everything and not only will that delay the repairs, but you'll have 3 people coming through your home everytime you make a maintenance request?

Several options, just don't wait.

I think by waiting to last minute to put things together you miss items and year end tax planning becomes problematic.

I’m waiting to hear back from a city representative to see if it’s possible to divide the lot into multiple lots and put a mobile home on each lot.Once the land is paid off and divided, is it possible to use each lot as collateral for its individual mobile home? 

I didn’t want to be waiting days for them to get back to me about edits to the purchase agreement.

I make the official move in April and can't wait!