They often times have a configuration that includes essentially two living rooms.

I’ve seen it happen...Anyway, here’s a great summary, courtesy of the amazing @Avery Carl, of the kind of numbers you can expect down south (including complete pro formas).

AND if one is savvy, can also get financing, as an investor/investment purchase, including a list of perks. 

Additionally, his ugly, nasty, condescending behavior has been called out many times by many members (including me).

My Partners and I have been buying Brooklyn small multi's (2 to 4 Unit buildings) since 1998.We currently own 9 of these buildings in various neighborhoods including Clinton Hill, Bed-Stuy, Windsor Terrace and Ditmas Park.Total Assets would be somewhere between $15 and $20 Million in the portfolio.Every since we bought the first property, which was in Ditmas Park for $340k in 1998, everyone told me it was crazy.I continue to hear how crazy I am to continue to buy every one or two years since 1998.That $340k Property in Ditmas Park is worth $2 Million today.

Violating these rules can lead to severe IRS penalties, including disqualification of the tax-advantaged status of your retirement account.Each self-directed retirement account must have sufficient funds to cover all property-related expenses, as you cannot personally pay these expenses.

This would include architectural fees, new equipment, cost of protecting or defending your title to the property, or building improvements.

We like markets in the midwest and southern US, including Houston, Dallas, Fort Worth, Phoenix, Columbus (OH), Tulsa and others.

Look at the potential rental income and whether it will cover your costs, including property taxes and maintenance.Taxes.

Multifamily is optimal, but out of reach for many due to the price.Other options include doing a rent by the room situation.