I wasn't planning on going this big for my first investment but the deal, location and potential to value add was too good to not go for it.Thank you! 

No need to dig through lists—just explore the map and find potential investment opportunities quickly!

At that time we could renovate the ground floor apartment and potentially turn it into (2) apartments for a total of (5).My questions come down to how do we deal with the existing 40k mortgage, whether we can make it work so her parents aren't paying much in rent, if anything at all, and whether or not we set up any legal entity, like a trust to help the legal situation of paying off her sister down the road. 

Next up is a huge financial hit: closing costs.

All too typical park owner who took all the profit out of the park without reinvesting in the business then wants to sell you the potential he was too cheap to invest in. 

🙌 I love your focus on helping others achieve financial freedom through real estate – that's what it's all about!

If you're open to expanding your search, I also recommend checking Columbus OH - lots of deals that still bring positive cash flow and great appreciation potential.

Multifamily rentals are a great way to achieve financial freedom, and it sounds like you’re on the right path.My advice?

I don't know, it sounds kind of weird but my friend is kind of freaking out about potential liability since the lien was literally placed on the house essentially hours before closing.This is being made all too complicated.  

We fully renovated both units, improving the property’s value and rental potential.