Next, here's the nuts and bolts of this deal:Seller, she wants $219K for the house.

They say the fish stinks from the head down.

I was in Kelowna last may on my way to Douglas lake to fish and boy its really hopping there.. 

I don't fish without a license.

i keep my my credit cards at 0 balance and at least six months of my nut in savings.

Electricians can "fish" wires through walls and set up for you new electrical panels for each unit.No need to displace the four households.

ok boise investors....i am going nuts trying to make a decision and need your help.....i live in northern cali and own several rentals there. ready to purchase another property, i feel cali is getting too crazy pricewise so i started researching boise idaho.

As you mentioned, JV may be a good option as there are people with that kind of money who don't have the time to go fishing for the deal.

Generally speaking the IRS targets high income taxpayers as the big fish offer the highest potential "ROI" for the IRS auditors' time.The question to you, respectfully, is "does it matter"?

I know this is a lot to ask but I can assure everyone I'm still a small fish.