It is already leased and cashflowing, all new major systems except the roof which is 4 years old.

When purchasing, things that will amplify rates are roofs that have less than 10 years life, old water heaters, flood zones etc.

He earned quick money as a wholesaler, and I have a house to keep)Rehab cost: $20k (vinyl floor, interior paint, new dual pane windows, new toilets and bathroom vanities, lights, new landscape, new AC condenser, all done by handyman, spent some extra money for minor plumbing and electric jobs, hydro jet sewer lines, clean up attic (had mice), added some insulationTime spent: 3 weeks (two handymen for the first two weeks, one for the last week)Value after repair: probably around $440kJobs still need to be done later: some dryrots, roof work (it's tile roof, roof doctor quoted me $9k, handyman said probably $5k, home inspector said $15k you can get a new shingle roof.

They are the oldest properties, in lower class neighborhoods, sometimes without tile roofs or stucco siding. 

(Obviously in Vegas we have zero siding or roof expenses so your mileage may vary.)Good luck. 

It seems as if the options for owner-occupiers of three-unit properties are pretty limited, especially if the building has a flat roof. 

Not sure how to account for cap ex when you factor cap ex roofs, hvacs, etc in.

An extra $200/mo. to me wouldn't be worth it to have so many families/people under one roof.

However, this time, with stronger financial backing, the family is hoping to regain control and potentially monetize their 350 locations, including the flagship Seattle store and Nordstrom Rack outlets.The outcome remains uncertain, but this bold move could shape Nordstrom’s future in a challenging retail environment.

.”• I pay all the costs – things like Real Estate Commission - Title Insurance - Escrow Fees - Transfer Tax -Termite Clearance - Roof Certification – the list goes on and on..• And I buy them in an “as is” condition.