This is is a very good area and would actually live in 1 unit, so 3-4k negative cash flow for living expenses is ok, as any house w mortgage would cost that.https://docs.google.com/spreadsheets/d/1tfbjOlyVsGW3nHLVPk_R...Key questions/assumptions:- Total for this deal in cash is 300k, anything else (reserves, renovation loan etc) would need to be a bridge loan or hard money- 1 unit is vacant and current rents are VERY under market, projected rent is what seller gave as realistic.

I just wonder if Hilary had won do you think the 27 conservatives that live in Portland would have rioted ??? 

I’m considering selling and using the proceeds to reinvest in a long term rental closer to where I live but before I do, I am curious if you think a rental management company may be able to help boost rentals, thus making this a profitable property? 

Since it’s such a quiet and family oriented neighborhood, I would like to be mindful of the quality of residents that live here.

Depending on how much you are putting down, generally living there for just one year won't be enough.

Let me know if this would pass any primary residence rules since I won't be living there, but he will.

I am in PA and he does not do rehabs for a living.

My realtor has been great at providing numbers that show projected cash before and after living on the property.

They were purchased decades ago with the intention of having their family live in the other units.

I live in Clarkston/Lewiston.