I hope everyone is well and safe.

Hi there,Congratulations on your decision to purchase your first small multifamily property Here are some answers to your practical questions:### Cleaning Common AreasYou should clean the common areas regularly to keep the property tidy and safe.

it’s safe to assume you don’t have your business fully set up yet.Let me ask you:Do you have a website?

Additionally, as long as you put 20% down, it typically keeps you safe in terms of cash flow, and then you simply have a couple dozen houses with tenants paying off your mortgages.

That, or an actual recession that causes people to take money out of equities and into the safe haven of bonds...

LMHA gets a staff of a couple dozen people and a big budget to be bureaucratic, the tenant gets cost effective safe housing, and we get steady rent checks)Does anyone else have these issues???

Happy to answer any questions about the situation.Please be safe and stay away from him, or any companies he is involved with. 

To be safe, consider starting with standard percentages or slightly reduced figures until you have reliable data on the property’s performance.

I'd say you need a minimum of $30k for a property at this price, to be safe.  

I feel people should just stick to places they feel safe.