And hard in your own business, again very possible but often a lot of risk and work.

Its great that you have saved some money and have a desire but investing involves a risk of loss.

And it also doesn't help that we're putting tarriffs on a bunch of key materials (steel and aluminum) which is going to drive up the price of materials yet again. 

On the flip side, I am in the process of acquiring over $1.5M in defaulted DSCR loans form borrowers who are your age that put 25% down but had no money to fix any of the problems  = lost the renters and walked from the property.

- Many PMCs only put on their website and Zillow and do NOT put on MLS for max exposure.2) How many pics are in the ads and what do they show?

But any improvements are at your risk.. the redeeming party just owes you your cash plus in our state 9% and any VERIFIABLE expenses you paid to protect the asset.

The risk is that they take only the things of value and leave the rest for you to clean up.2.

The bank will put a hold on them, so you can't just draw them out, so don't plan to need them for a while.This will cost you an appraisal on both properties to be performed by that lender. 

Put on your tenant hat and go looking at what is currently available in Lakewood, what you get and what you pay for that.

The cost of a sewer line is the same whether it is on a triplex or a single family home, but with a MFU you can spread the risk.