We may be headed to Weimer Republic style hyperinflation because of the massive unlimited QE that hasn’t even hit the books yet.

Have you checked with the local building dept (it’s usually in their website as well)-park impact fees-traffic impact fees-school impact fees-per unit charge for sewer/storm-check if you have room onsite to meet the required parking ratios (1.85-2 spots per unit is required out here)-check your phase one environmental as see if you’ll run into any issues on the property by expanding the footprint.Hopefully your building in an area that welcomes new development and most of these don’t apply.Best of luck to you.

Its about the right size / type / condition for the property I would like to find to upgrade from the duplex I sold in 2019,   and from my research,  it is likely that the ownership are getting to the point in their tenure where selling might be on their minds.Given the building's likely income/expense numbers  (I own a nearby, similar style/quality property I can extrapolate from) I can make an educated guess to its value and given that value range I can afford it without excess leverage.   

The units are all lined up next to each other townhome style. 

Office costs vary depending on if you go to a small mom and pop place versus a larger corporate style space.

new investor Jason here. heres a probably too long intro....currently i am in NYC for 18 months then i will return home to the coast of North Carolina where i plan on purchasing single family homes and some du/tri/quadplexes BRRRR style in hopes of building a great future for my family!

., since real estate is a local business, I can't comment on FL styles for rentals. 

Cash invested: $20,000 Hostel Style Short Term Rental What made you interested in investing in this type of deal?

Further, broker selling the property want 6% commission, the buyer wants you to make needed repairs, pay for a survey, pay for title insurance, pay for an environmental report.

Investment Info:

Other buy & hold investment in Denver.

Purchase price: $159,000

Cash invested: $50,000

Scouted area with favorable existing multi-family zoning on under-utilized lots. Found this...