Another would be you are building other units next door/nearby and you can chalk this build up to the "learning curve".I didn't see a CFO on GLH or GLC's website, but I'm sure you have someone doing this type of financial analysis for your developments?

If you really want to get rid of them, sweeten the pot by offering to return their deposit after you verify the unit is empty with no damages. 

The biggest thing with this is if something major happens are you legally covered if the unit is illegally rented. 

Fannie Mae has a requirement that if you want to use the rental income from the non occupied units, that you MUST have a current housing expense which means you cannot live rent free.

Im a medium sized operator - 46 units- and my typical deal has an ARV from 200 to 230 when its finished.

They provide fake checklists saying units are repaired according to agreed-upon inspection reports only to walk in to a home that is more damaged than it was during escrow.

Investment Info:Small multi-family (2-4 units) buy & hold investment in Cleveland.

House Hacking Strategy: Living in one unit while renting out the other(s) is a smart way to offset your mortgage.

This criteria is for 1-4 and 5-8 unit programs.

$132,500/unit for 2/1s in Hampton is too much IMO.