Question:If another unit decides to rent out his/her place we would obviously go below the 51% owner-occupied threshold.

@Kyle Maluy Congrats on joining BP community and deciding to start with MFH investing!

Here is her story below,"Our realtor referred Jeff to us, he power washed and stained his fence and said he did a great job so we decided to use him as well to stain our deck and fence.

You have to be using whatever median you decide on consistently every month at least to get the best results, in my opinion.I hope this helps. 

So we decided that’s not the way to go.  

Later that year, I attempted finding deals through a realtor friend on the MLS to fix and flip, and ultimately decided it was not the right time to be flipping, but in reality I just was undereducated and underprepared on how to find deals and the possibilities of different types of deals.I'm going to work on networking with cash buyers and build my first marketing campaign and get some deals under contract!  

The sellers will simply decide not to sell and simply refinance or place new long term debt and wait for a better cycle time to sell.If investors put in tons of low ball offers themselves then maybe once in awhile they get very lucky but they will be on tons of owners and brokers IGNORE list.Now I can see sellers who are not sophisticated like in commercial real estate be able to be more easily manipulated.

I have decided to sell and invest out of state where i can get multiple units.

You get to lock a price, step in and improve the property and then buy at the locked price.That said, it's up to you to decide if the market you're buying at is an up-trending market or not.

What criteria do you use to decide whether to keep the current structure on the property or to knock it down and build a new house?