Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

@chrisSeveney should have some good advice as well.if this is NJ one thing I do know your in for a long slog and fairly costly

They said that my parcel of land can hold a max of 3 units so I can either extend the current property into a triplex or add a free-standing unit to the land.

Would the closing costs change?

Since you're new to this, building a reliable team of professionals, an experienced agent, a lender, and a property manager→ will be crucial for long-term success.If you need assistance with financing or further guidance on scaling your portfolio, feel free to reach out.

There are a lot of assets in Columbus that are basically turn key properties, and even if you have some minor renovations (5k-10K)I would recommend trying to go after an interest-free credit card AFTER you are approved and close for your loan.

I printed and hung up that picture as motivation to keep pushing toward the dream of breaking free from that reality. 

In 2024, Topgolf plans to reduce its venue pipeline to between four and six locations to free up cash for the spinoff.

Feel free to reach out anytime! 

If we make a profit of $130k by selling the townhouse and minus all the cost (agent commission, selling cost, maintenance), then we use it to recast on the sfh, the sfh mortgage will be down about $800/month.