But any improvements are at your risk.. the redeeming party just owes you your cash plus in our state 9% and any VERIFIABLE expenses you paid to protect the asset.

It's real estate in markets with population growth, it's pretty hard to lose money if you get an inspection and appraisal."....Wishful thinking at best when buying C/D properties.

I tend to say no to the wind, but look at costs vs coverage and the language used.Best of luck!

At 8%

In reality, at the start of an investment you don't know exactly how the investment will perform.

It was a buyer’s market at the time so negotiating involved asking the seller to pay closing costs and being patient with our FHA loan.

easy to build, rent, refinance repeat. might not be your market. look at the underwriting model. we underwrite every deal not only with fresh comparable but market economics change. land costs go up or down, construction costs go up or down, design modifications improve the property, comp sets can get more favorable or less favorable.

One thing I will say is they've come a long way and they are very good at taking direction.

I'm with @Huong Luu but would add join a local REIA and find some PMLs they are always hanging out at meetings.

Before diving into those challenges, let’s look at the benefits of purchasing a triplex or quadplex:Higher cash flow potentialTypically lower price per unit, leading to better returnsEasier to manage vacancies compared to single-unit rentalsMore tenants in one location—potentially easier than managing multiple properties in different locationsOf course, there are other reasons why a higher unit count may be attractive, but these tend to be the most significant ones.