Take your 50k and get a 15-30% return on it unless you’ve hit your financial goals.

I know the tax hit isn’t ideal, but I’m wondering if the long-term cash flow benefits outweigh the opportunity cost.

When you combine outdated plumbing, inefficient heating systems, intertwined electrical wiring, and poorly designed layouts, you’re looking at major headaches.While some multifamily properties were originally built as rentals, the majority of available triplexes and quadplexes in my market are aging conversions that require extensive rehab.

The lot already has electrical and access to sewer.

This includes all structural drawings, exterior drawings, framing plan, mechanical plans, plumbing plans, electrical plans, gas line plans, roof layout plan.I tried to work with a couple of firms and the pricing for all these came all over the places.I also came across a company called flip16.com (September Development, LLC)  who said they can do all of the civil engineering and architectural drawings work at a fraction of the price compared to those civil engineering and architectural firms.

Yes - there are limits but you likely won't hit them.

Access to water, electricity, etc is kind of non negotiable if you want access to most lenders. 

Inside, examine the structure for water damage or cracks, test the plumbing for leaks and good water pressure, and check electrical systems and outlets.

Price: $130,000 Building Type: DuplexRealtor opinion of Neighborhood grade: C+Property Description: Building breakdown1,440 sq ftUnit breakdownUpstairs unit is 1 bd 1 ba and is rented for $750Down stair unit is 2bd 1 ba currently rents for $750New electric, plumbing and roofRent Comps: $1,129 for upstairs unit and $1,074 for downstairs unitI used the current rents for the breakdown above, but seems like theres some more upside potential. 

Loan to value ratio: The higher the loan to value ratio (LTV) is, pricing takes a hit.