welcome. congrats on the purchase. if you need any guidance would love to connect and chat. are the units rented?

That is the one thing that will take what you learn here, on podcast, and in books to the next level.

Quote from @Chris Seveney: Yes this is a pipe dream, but had me thinking about real estate of course:If Canada ever did become part of the United States, what would happen?

Investment Info:Small multi-family (2-4 units) other investment in Islip.

A purchase you made in 2020 or 2022 would not really be thought of as a BRRRR because I'm guessing those units have been rented since then and were not just sitting vacant with you paying on those mortgages.

Please keep us posted on how it works out when all is wrapped up with the tenant.We recently were looking at a duplex that we wanted to buy, but the current tenants (in both units) had pit bulls.

As for Columbus, it’s a growing market with potential for strong rental demand, but make sure to research specific neighborhoods, local market trends, and the level of competition to ensure you’re making a smart investment.

My basic assumption is I would be trading a certain level of cash flow for increased appreciation over a period of 10 years.

I am sure no pics is hurting you at this point, some will not even look at units without pics.

Did you know that Fannie Mae recently lowered the required down payment to 5% for owner-occupied 2-4 unit homes?