But because two investors own the majority of the units in this complex, they keep the condo fees at $150/month (about half the area average).

This has led to a diaspora to places like Webster, Northbridge, and Southbridge.Sure, there are new units in the pipeline, but they're unlikely to help the typical Worcester renter.

For example in many jurisdictions I can STR units in a duplex but cannot STR an ADU (some jurisdictions will let you STR if you owner occupy).

My team an I hauled over 12 tons of items from the house, did a minor renovation, and converted the workshop into an Accessory Dwelling Unit (ADU).

There was a new thermostat and old unit.

At this stage, I believe the 2-4 unit multifamily properties are most likely most ideal.

was wondering if anyone had this experience or insight on credit history.Met with a potential tenant for a class B-C type apartment I own and interview went very well, she asked a lot of questions about the unit and how things were run and who to call for utilities and Etc etc.. 

that's only $300 a year per unit. 

G'Day guys,Lately, I've been super duper pissed off with our investors that I decided to keep all of the deals for myself 🤷‍♂️I've always preached that there is not a single deal that we sell that I wouldn't be willing to keep for myself.So there's that lolJust picked up a 6 unit which us humble Ohio folk would consider an A class area (Sorry East and West Coasts as our A class is your Z Class lol)$160,000 purchase price$50,000 rehabCurrent rents are $3,000 per monthOptimized rents will be $4,000 per month.BPO before purchase $220,000 - $250,000ARV $350,000ARV with interest rates at 6% potentially $400,000+Cashflow = S#%$ load $$$Granted, it took 4 months to get the contract signed and we had to go to McDonalds 4 times to meet with the seller so sign each page individually single time lolYep, it was one of those.All in all, great deal and they are definitely out there.Working on another one now that will be converted into a duplex and is located in a top notch school district.Somehow picked this one up for $20,000 and needs $45,000 in rehab.ARV is $110,000 conservatively Combined rents will be $1,300pm.Ohhh yeah, almost forgot.Also, picked up a SFH from a wholesaler believe it or not for $20,000 that after inspection needs around $15,000 in rehab.ARV all day long is $80,000.Says WHO there aren't any good deals???

This, coupled with the fact that the HVAC company didn't run a Heat Load when we purchased 2 new units in 2021, has led to extensive, repeated water damage and remediation on 3 separate occasions in different areas of the home.