However, much older, and you'll be looking at many structural renovations in the future.

I added value to the property by focusing on key renovations that aligned with the tastes of Hamptons buyers.

I'm under contract on a quadplex, fully renovated, at the highest cap rate for a small multifamily that I've purchased in my career, right now.

We just did a full renovation in Reynoldsburg.

Renovated the basement unit, new roof, new soffit/ facia, new gutters, new exterior paint that was paid for by seller.

He had already been working with another agent for some time, but he was willing to give me a shot.Over the next few months I earned the spot as his go-to agent, selling him one or two homes a month and helping him find tenants after the renovations were complete.

Even with the renovated units it does not appear that there are enough prospective tenants to make this worth your while.

The older the product the more the capX generally required to get it up to speed from studs out renovations to basic cosmetic upgrades.The OP posts that getting into real estate for cashflow is "wrong."

@Monty Alston It has some impact but no lenders will give you credit for having experience building a home unless you have built or renovated a home in the last 3-5 years.

Renovations are almost complete and will be looking to rent out a unit.