Its about 20k more but has 2 units.

Hi everyone, We are looking into a deal to purchase a 5 unit apartment building that currently operates as a short term rental.

Relationships often lead to off-market deals and valuable partnerships.Consider targeting up-and-coming neighborhoods or distressed properties in areas seeing new development or infrastructure improvements.If you’re exploring commercial, maybe start with small multifamily units (like duplexes or fourplexes) before diving into larger complexes.I’d love to connect and possibly collaborate.

This is for my 1 bed 1 bath unit and for the past 6-7 months, I had it blocked off on Airbnb because I had a mid term tenant in there.

Quick context: I placed a tenant in one of my units after thorough background checks and collected security deposit + first month's prorated rent via Baselane (bad move!).

Where I live for the cost of doing so it is cheaper to buy new multi family 2-4 units and then earn 3X-4X the rents for the same cost.

Our goal is to help tackle this crisis by rehabilitating one unit/block at a time.

Some are 1-4 unit and some are 5+.

Can you use the vacancy and cash flow funds to make CapEx improvements like adding a room/bathroom, a second unit, etc and thus not pay taxes on that money for the time being?

I am not an expert in either lead or FHA, but here are a couple thoughts for you to look more into.By lead in the unit do you mean paint?