When are you planning to do the renovations and rent out the other unit?

Hi Henry I'm actually in escrow in a 95 unit in Missouri and today is the last day of due diligence.

The other side of the line would be someone looking for a nice place to live and just subsidize their housing costs with adjoining unit(s) rents.

(unless the property you’re buying is 5+ units then e financing may not cost more.)

I believe there are license allotments in many towns near and around Denver so you want to make sure there is a license available for the basement unit before you factor this into your cashflow plan.

You should be able to learn from their mistakes and avoid them.Can you buy a 2-4 family, live in one unit and rent out the others?

Any help with this and/or links to samples that have been previously shared would be greatly appreciated.The rental unit is a condo.

Quote from @Rob Gallitto: Getting ready to sell a multi-family property in Northeastern, Ohio the property has two units.

You live in one unit, rent out the others, and your tenants help pay the mortgage.With loans like FHA or VA, it’s easier to get started.

One upside to me would consistent rent scale, meaning if you upgrade one unit early, you set the table for all of the units when done because they are all the same.