No problem, I researched jobs growth in the nearby area.

Hello everyone, I have 2 multi (4 unit) buildings on the same property that I'm having and issue with a tenant that lives in one building but is always going into the other building to visit his "friend" after his walk to a nearby gas stationabout 5 times a day and the other residents don't like it because of the Covid-19 concerns.

I am new to real estate but I think I've found a decent deal nearby, it is a 4 plex with all units currently rented (total rent about $2400/mo) they are asking $240k but I am confident I can talk them down to $225k or so, what would be the best options or advice you have on getting it financed in my current situation?

Also get multiple opinions on the area and make sure you know what similar houses nearby are renting for! 

He lived in one for 6+ months then rented it out and purchased another home nearby.

The nearby school thought it a nuisance because of the condition of the building and the children's willingness to be there.

I’m wanting to offer a flat 12-15% return on investment within six months (ex. they give me $20k and get $22,400-$23,000 back within 6 months).Did you reach out to investors only once you had a project under contract, or did you stockpile cash to have on hand so you could jump on deals when they popped up?

To use your virus example- we see people stockpiling toilet paper.

Comps are a nearby repair facility sold 4 years before (dead smack in the middle of the Great Financial Crisis) a much smaller building a couple miles away with no parking and zoning that was more prohibitive and would not suit my buildings purpose, 3 years after it's sale.

However, I assume all the people living nearby pass by the property and with good signage you would attract some.