in the slightly less desirable area, 12-1500 sqft (goal $14-1700/mo)1BR below it with living and dining, porch, and great stained glass and architectural features, 1000 sqft (goal $11-1300/mo)This building also has one driveway space thinking $50/mo2 x 2BRs, smaller but in the more desirable location ~1000 sq ft (goal $14-1600/mo)1 BR small in the more desirable location ~ 800 sq ft (goal $9-1100/mo)TR: 6200-7300/moOrder of operations would be as follows: 1) Accounting and structuring - still a lot TBD but I am meeting with a CPA firm with a lot of real estate structuring and consulting experience, I expect they'll be pretty expensive but this doesn't seem like a good place to cheap out.

If she moves out quickly, offer her a profit-sharing agreement of 5% or less on top of your goal profit when the property sells.

Minor updates to common areas and the exterior were also made to enhance curb appeal and leasing prospects.Concurrently, rents for the remaining two legacy apartment tenants were raised by 10-20% upon lease renewal.

If I were you, I would reach out to a few and use the one that best aligns with your goals.

It is not common to do seller financing in NZ; it is much more acceptable in the States.

Common sense from most people would be to pay off the credit card, and maybe pay down the car.

Additionally, there may be limitations on rent increases and lease terms when renting to CMHA tenants.Ultimately, the decision to rent to CMHA tenants depends on your individual preferences, risk tolerance, and investment goals.

I would only partner with someone if there were "synergies" where they had knowledge and expertise where I did not and where we had alignment in our approach and goals.

What are your goals?

HI Mike,It really comes down to what your long term goal on investing real estate.