Yes I have all of my cleaning crews send me pictures of the state of the house after every cleaning.

I am looking at New Haven as well for BRRRR/house hacking.

I myself have been trying to find a property in that area to house hack since I moved here for a job.Is there no provision in the lease agreement for land renewal?

Like others have said if you are coming from LTRs you may get a bit worried at how late folks are looking for housing compared to months out.

I want to buy a 1 to 4 unit multifamily and house hack it (live in one unit and rent out the others).

I mean this stuff happens in rental houses that are nice and newer or new. you either keep them in great shape which cost money or you buy rentals that you simply do minimal work on as the tenants paying 700 or 800 month have a very different expectation than a tenant paying 1700 a month.

We were able to negotiate as a buyer and closed on the house.

Hi Folks,I would like to know your opinion, is it good idea to buy $1M multifamily (two family) house for investment purpose in jersey city area (jersey city heights).

Invest with syndicators who have a narrow niche and proven track record.For example, if an operator has done 5 or 6 workforce housing value add deals in Dallas, and they are offering a similar deal now, that would be encouraging.if however, their current deal was a brand new luxury Class A building in Charlotte and this was their first acquisition in Charlotte and their first class A deal, as an LP I would pass.Find operators who do one thing and kill it in that space.Find operators who own or have gone full cycle with similar assets in the same market.For example, my firm, Spark Investment Group has a very narrow niche - sub 100 unit MF or BTR in Greenville SC.

We were able to negotiate as a buyer and closed on the house.