Since I am owner-occupying I could shoot for making it an ADU and living in the upper unit, but if I could do the triplex conversion without additional headache I think it'd be worth it.Another complicating factor is that this is an old property and the electrical is not up to code.

In turn, I think it’s about the person and their traits and skills vs. any demographic factor. I

We have a lot of areas like this in the rust belt or small rural areas that were one factory towns and the factory moved to Asia.

Capital controls were only fully lifted from Greek banks this September.My uncles run a shoe factory making soles for Italian bootmakers.

Stephan,I can see why you want to do the deal but one thing you need to factor is what happens IF property values stopped rising and actually goes down?

I have found that we did a better job on mobile homes than what was coming out of the factories with better quality products that cost more but lasted for a long time.

There's an established place across the street and you aren't far from the KTH factory so maybe anotherrestaurant owner could make a go of it on lunches and dinners.

Another key factor is the US biggest mall is being built in south Florida and should be completed by 2025.

It helps to shave off some of the fear factor. I

Of course the biggest supporting factor is the screening of the tenant and income verification of at least 3 x the asking rent.Proof of the significant different when updating, one of my 2 bedroom properties, that i recently updated, is renting for $850, while a similar 2 bed next door, that hasn't been updated, is still at $550.