When buying a laundromat, it’s crucial to evaluate the financials carefully.

Or how could anyone stand to live there LOL.

You are dealing with your first eviction/rehab but if that happens again in 6 months and it takes months to evict will that financially stress you?

MTR stands for mid-term rental.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

With that in mind, I’m considering purchasing four rental units over the next four years to build a stream of income that could help supplement my retirement by age 68.The challenge I’m facing is that the deals I’ve come across so far don’t make financial sense.

As it stands, I live in the master bedroom, I have had 1 long term tenant that has been with me since the purchase and the other 2 rooms have been listed on airbnb and have found some temporary tenants through mutual friends.

I have done a lot of research in preparation for my first real estate purchase but I haven’t heard any mention of banking services that stand out.

Hi @Joshua Manier,**I'm not affiliated with any of the companies mentioned**Your strong financial profile and low LTV puts you in a great position!

It's a very long standing visa program, super regularized, they have visas, 100% legal, ton's of rules about it.