What are you protecting your property from?

The new property has to make $50k plus $12k/yr more than the existing property just to break even.

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

I am looking to add a 2nd investment property to my portfolio but I have no cash to do so.

Most traditional property managers don’t handle this setup due to challenges like managing tenant disputes, coordinating overlapping move-ins/outs, and the risk of Fair Housing violations when selecting tenants.

We try to save money by occasionally doing our own work, we only have a handful of properties.

All properties are eligible for a cost segregation study as long as they are investment properties.

@Treza Edwards "I am reading the Rental Property Investing book and implementing the method that focuses on cash flow and that strategy states you need to have $300 cash flow per month, per property.

Daniel,If its something you really like from all accounts, get with an inspector and property manager to give their thoughts on the area, condition of the property etc...

Property has three commercial fronts and 3 apartments.