if so buying the 4 plex to live in is a nice way to get started.. when and if you move on you own 4 doors. with a great long term fixed loan.. if it does nothing more than pays for itself in 10 to 15 years you will have forced equity and some appreciation that when you sell you can actually capture.Much of the quote un Quote cash flow markets on the lower end are only appropriate for cash flow and for one to scale.. buying one or two does not make a lot of sense in my mind the risk reward just is not there.

Back in 2000 before the bubble burst I would buy a house with zero down, live there for six months and do mostly cosmetic remodels and then sell them for a profit at 6-8 months in. I

@Nathan Wandell@Blake NeeSmithHey guys,I'm new to the game, and I was curious what areas you both work in.  I

Total purchase price for the home was $238k (cash) with $1700/month rent coming in. (I

How will I know what type of finishes to put into this home - as in I don't want to go too high end and not be able to get all the money back - but I dont want to do the build out mediocre so it doesn't stand out from the rest.Thanks for your time!

What areas are you interested in? I

@Seth LarsonMy parents moved away from Wichita around 09 or 2010 and moved to Blue Springs, it's a pretty nice suburb from what I can tell in all the times I've been there and my parents like it, but they live in a much different neighborhood than I'm sure this 5plex is in.  I

My question is, is it an okay decision to walk away from a 6 year investment with only the money put in?  Is

Then the housing market crash happened and the value of the unit I'm stuck in is below 64k, I Still owe 79k.

If you want to go over to mine since it does include the Wi-Fi added in I would be happy to put it in for the same price for the next 6 months"So yeah it does take a "buyout" but there are ways to get them to agree without buying out the whole lease.