Research comparable properties in the area to gauge pricing, rental rates, vacancy rates, and demand.Property Insurance: Obtain quotes for property insurance to understand the potential costs and coverage options.Survey: Consider getting a property survey to confirm boundaries, easements, and encroachments.Due Diligence Contingencies: Include due diligence contingencies in your purchase agreement to allow time for inspections, assessments, and resolution of any issues uncovered during the process.Risk Assessment: Identify and assess potential risks associated with the property, such as market volatility, tenant turnover, maintenance costs, or regulatory changes.Exit Strategy: Develop a contingency plan or exit strategy in case the investment doesn't meet your expectations or unforeseen circumstances arise.By thoroughly conducting due diligence, you can minimize risks and make an informed decision about purchasing the property.

Also, consistent tenant guidelines can help you make decisions, so you are both fair and preventing unwanted tenants reside in your properties.Balancing Privacy & Profit: I think this is a personal preference and depends on everyone's individual circumstances. 

Perhaps a very good example, in the right circumstances, for your kids!

We believe these options provide a balanced approach, offering you the security of a fixed-term lease while also allowing for flexibility in case your circumstances change.Please take some time to review these options, and feel free to reach out to us with any questions or concerns you may have.

C+ tenants are more prone to eviction when the paycheck to paycheck lifestyle hits an unforeseen expense and they stop paying rent.

In dire circumstances, this strain can escalate to foreclosure proceedings due to the inability to meet mortgage payments.

Official paperwork should be prepared with a real estate lawyer, and financial examination should take into consideration interest revenue, tax consequences, and market circumstances.

Typically even if you run into reasonable unforeseen expenses,  those added costs can be absorbed by a rental asset over time whereas the same can't be said about a strictly for-sale area.

It really all depends on your investment goals and your circumstance. 

Seems like I am having a problem because I'm a recent high school graduate  Please advise how to buy a multifamily home under these circumstances.