I have a 4 plex in Lorain for sale. gross rent is 23,000 per year. For sale for 98,900. 3 units are 2bed 1 bath and 1 unit is a 3 bedroom 1bath. 3 units are fully renovated also. 1 unit is not renovated but in good co...

There is one new multifamily complex (The Nolen) that I know of that is still in lease-up, but I'm wondering if anyone has any insights or opinions on what they think the local area is like: are people moving in to downtown Clearwater area, companies moving in or out/number of jobs increasing or decreasing, etc.Any insight would be tremendously helpful.Ben

Another way to keep it as a rental but get more depreciation is a bit more complex and they'd have to be able to afford it.

Most Intown areas don’t have a lot of land so you’re SFR is somewhat protected from a huge apartment complex coming in suburban areas.

The builder will only pay a commission to an agent who introduces you to the complex.

What makes the deal a little more complex is that 2 properties are SFH, 1 property is a commercial building, 1 property is a MFH, last one is a vacant lot. 4 properties are in a row and the last one is on the other side of the street (L) shape.

What makes the deal a little more complex is that 2 properties are SFH, 1 property is a commercial building, 1 property is a MFH, last one is a vacant lot. 4 properties are in a row and the last one is on the other side of the street (L) shape.

What makes the deal a little more complex is that 2 properties are SFH, 1 property is a commercial building, 1 property is a MFH, last one is a vacant lot. 4 properties are in a row and the last one is on the other side of the street (L) shape.

In reality this is much more complex because of purchase closing costs, improvements over time, and the fix up work you've done to sell it.

While I am sure there are many people who had zero real estate experience and did well in notes, it is more complex than being a buy and hold or fix and flip investor because you are still those types of investors (at some point) as well as dealing with a borrower.