He decided he was going to go with what the builder said.. a few months later.. he now has  dehumidifier.As someone who tends to invest in nice big houses, there’s some definite pros & cons.You typically earn good money when it’s rented, but on the days when it’s sitting vacant you’re just bleeding cash.

Just like a surfer, they get in position for the next big swell."

If you're in Cleveland...not so much.So the market really matters if you're looking through the lens of appreciation.If we break it down simply on cashflow, then from the limited information provided, it's highly likely you're going to be bleeding money each month (especially if you're living in one of the units on an FHA).Side question: Can you actually use an FHA on two separate buildings even if they are on the same lot?

If you're not itching for cashflow and you can bleed a little every month to hold your capital gains, then by all means keep it growing! 

@Frank S. Well

We're getting antsy since we're bleeding money on the borrowed money we used to finance the project, paying utilities, insurance etc etc.My main question is, though, what our expectations of the seller agent should be.

Otherwise mj WILL bleed through. 

I am about as bleeding heart liberal as they come....and my first tenant had so many excuses it was breathtaking.  

Chicago had the biggest ground swell in truck inventory. 

Look if the property will bleed at reduced traditional rents.