Need to understand which turnkeys geographies have the best locations - is there somewhere with this analysis?

-Are you in a field that makes sense for you to be in the setting where the MFH is located?

Also, if you have a brick and mortar location, I would highly recommend TLO (Transunion) skip tracing software.

-While central AC may be important to some tenants, I think your main point of competition and what is likely more important to a potential renter are bigger things such as how many bedrooms, square footage, price, location, is it well maintained.

If they are only seeking a check every month and the largest amount possible based on the equity of this other property then sure it's a fine decision.A couple other thoughts though:With a smaller multi-family a vacancy is felt more financially than with a larger one, but the extent of that is influenced by the market's local metro and property location; andWhy not use some of the equity from the property to fund the purchase of the smaller one and then have two properties generate (probably) the same amount of income or more with debt service on both.  

She's facing possible foreclosure (not sure how far behind she is) on a 70-acre property located in Colorado.

Building also opens the opportunities on location as it avoids rent control all together.Just wanted to see if anyone else has any info or experience with numbers.

Of course, Matrix helped me fill in the gaps of all the study, negotiating, contracts, calls, and locating potential deals that I was missing.  

They can have someone locate it and either remove or chemically treat it to remove the smell.Be blessed daily

If I were to stay close to a college location though, I would want to stay around CSU.I probably would not be able to find anything, I am guessing, under the $!