Of those how many are 2 bed + home office or 3 beds, basically  suitable for a household earning $150K? 

AprilApril: Extremely bummed, almost didn't want to get out of bed.

Some are basically renting out bed space and require tenants to sign an agreement to stay clean, and be tested upon request, with failing the test potentially leading to immediate eviction.

I basically do the same thing and specifically tell them not to worry about bedding.

Beds disassembled and missing parts, two sofas left in the hall which did not fit the elevator (I brought a chainsaw to cut them apart and drag them down to the dump area). 

One is a 2bed/2bath completely renovated and the other is a cinder block house 2 bed/1 bath that needs minimum updates.

Big tanks are like water beds if they bust.

A good rule of thumb is this:  Be careful and fully understand the risks of "getting in bed with the government". 

My Partners and I have been buying Brooklyn small multi's (2 to 4 Unit buildings) since 1998.We currently own 9 of these buildings in various neighborhoods including Clinton Hill, Bed-Stuy, Windsor Terrace and Ditmas Park.Total Assets would be somewhere between $15 and $20 Million in the portfolio.Every since we bought the first property, which was in Ditmas Park for $340k in 1998, everyone told me it was crazy.I continue to hear how crazy I am to continue to buy every one or two years since 1998.That $340k Property in Ditmas Park is worth $2 Million today.

The property in question has commercial space on the ground floor with two, 2 bed/1 bath units above.