To give you an idea of how we approach it, we assume the worst-case scenario right from the start is 9-12 months of no rent, $5,000 in legal fees, and an additional $5,000 in expenses to deal with moving their stuff, putting it in storage, and dealing with health code violations or NOV's from the city during the process. 

I will plan to improve the common areas, property fencing and siding. 3 of the 4 units have been turned in the past few years so there is not too much to do inside.

Duplexes are very common here and are much easier to find than a Quad as well.

I’m happy to guide you through the process, share some success stories, and help you avoid common rookie mistakes. 

Shortly after closing, I discovered that the roof above my unit (a common area under the HOA's responsibility) was severely damaged from a past storm.

This is one of the last investments that the common man or woman can make and get ahead in life.  

The most common is leaning on your agent for their expert advice.

They will sometimes have a few of the more common types of amenities, and may or may not be professionally managed.

IE its common in so many areas that the 500k home in Wis sits on a 75k or 100k lot and 300 to 400k is the cost to construct say at 150 to 200 a foot..

I have one property in an area going down hill and this is common.