And then you continue to find ways to add value to property.Best of luck

@Fed Finjap now you're better prepared if you continue to scale and eventually hire a PMC!

I know it seems like a tough task, but can you spend a few more months or a year while you continue to learn to really tighten the budget or find ways to earn a little extra to start from a stronger position?

I think as people are able to choose to work places that have better weather places like Cleavland will continue to decline.

Still learning about how it works but this is my understanding today.We have decided to continue with this deal, due to the location of the property, the fact by licencing the extension and renovating the building we should be able to get a price increase from a buyer as a private home.

As far as I know the prices have continued to be stable or go up.

By continuing to support a system which has stolen millions of homes from American people, for your own profit,  you are a part of the problem.  

There are no write-offs for decpreciation, no continuous rent payments and so on.I appreciate your reply. 

The triplex we bought was fully occupied so we did 1 unit at a time as they moved out.0 Vote  That's great - Are you going to continue with cosmetic rehabs or dive into something that needs a little mjore TLC?

It has been profitable for us but competition has risen in recent years so we continually work to refresh our places and marketing approaches.