This is not very common after the first month or so as the tenant buyer gets settled in.

As others have said a partial exchange is possible, and common.

I think it's probably less common here but I've often wondered about how difficult it would be to convert a detached garage, etc. on a property from a legal standpoint.

@Paul Lucenti It is common to equate acquiring more properties to scaling and many rely on buying lower tier market/neighborhood section 8 rentals to achieve this goal.

I'd be surprised if the complex doesn't have individually metered units so you may be able to eliminate the utility expenses unless those are for common areas like walk ways, parking lot or laundry.

Your question is a very common question, and I can appreciate your concern here.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

@yu liu, I believe management fee is 25% for my contract but every contract is different. 20-25% is very common among the vendors I looked at.

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

Multi family isn’t as common as you’d find in other parts of the United States, but there are some good properties here to be had!