My club is strictly a no sales group.

That being said I have zero claims right now and also a no-claims discount from the insurance company and I don't want my premiums to rise.

"Cardio therapy", that's a no go.

My other litmus test comes from my prior cable days, which might place it at 9X to 11X cashflow (NOI), which also places value very near $80K.The capital improvement required in the water distribution system seems like a no-brainer, but absent separate metering, I wonder if you could immediately divide the water bill by the current quantity of tenants and have them begin to pay this immediately?

I guess I am not really understanding the reluctance to do so.To me from my attorney days this seems like a no brain-er.

If the husband were part of the lease, it'd be a no-brainer.

I was a college student and my first rental was financed with a no-income, no-asset, no-job sub-prime loan (30-yr fixed at 7.5% interest).

Thanks for taking the time to introduce yourself to everyone in the community.Getting into a Multifamily property as an O/O is a great way to get started, I did a similar thing but with a SFH/renting out the spare rooms.

If the numbers fit your personal investment strategy I would say this is a no brainer!

Meeting with a few different investors and contractors while you're in town, doing your due diligence, isn't difficult either - and should be a no brainier, whether you're purchasing "turnkey" or on your own.