Investment Info:Small multi-family (2-4 units) buy & hold investment.House hacking, on my first four unit apartment building.

The next morning the chicken backed up the sewer line into the basement of the building.

Leased land is being sold far below building cost.  

The cost of plumbing, drywall, electrical, roof, etc. is the same cost whether you build in Beverly Hills or in Pacoima.

Quote from @Kadeem Kamal: I purchased a 3 unit building in 2018, a 2 unit in 2020 and another in 2021.

For the last 22 years I've been involved in real estate as a house flipper, with extensive experience in building and renovation contracting, owned a residential property management company, and now have a private money lending business (licensed NC re broker).

I have a three unit building, but one unit needs to be remodeled the other two have been renting out for the past few years.If I spend X on renovating this apartment to get it ready for rental will the cash on cash return apply ?

Good luck Mat,There are certainly a lot of good options for cash flowing multi-unit buildings in Pittsburgh.

I have used LIma one on my personal new builds  ..

Double the maintenance and capex on a 40's built home as compared to a 2010 build home and then let me know if it cashflows that much better.