Only you and your agent can make the decision.If you buy it,  count on finding unexpected problems that require fixing, and make sure you have the cash on hand to cover them. 

Count me in.

I wouldn't count on skyrocketing appreciation in a high rise but if the numbers work or you could see yourself living there at any stage in the future maybe not a bad investment.

Would fabricated or manufactured housing count as an ADU to build, rent and possibly sell under this new law? 

-  If so, then that total (for example...monthly debt service is $2,000 and you underwrite at holding for 6 months, then you factor in that you have a total of $12,000 cash that you will be putting into the deal over that 6 month holding period) counts towards your "costs" or "cash into the deal" that you need to factor in, correct?           

I understand underwriters add up all categories except Mortgage Interest, Taxes, Insurance, and Depreciation - everything else is counted as expenses for the property.  

Originally posted by @Jay Johnson:@chris podkowa, based on our post count and the precedent set by BP, our feedback has no merit on a product others know nothing about let alone used it.

Cloud brokerages only care about their agent count in reality so once you sign on, your access will be in Workplace, so as a new agent without an office, it can feel like a vortex.

So when you think of the income and basically less than 20k a year in Overhead thats a pretty nice business.. unless you count cloths and shoes as necessary items then things get a little wild !!!

If, however, you have extensive flipping experience, that can count as experience for some lenders.