I just closed on my second 4plex in Emeryville this week, which is 75% occupied, and every unit is renting below market (~$250-$1500 less).

I haven't done much digging since this is normally a show stopper.

There are other creative ways to get this done.

This is my first out-of-state BRRRR.

I will be there, although can not make to this Nov. meeting.If you are in the KC area on the 10th of December, join us at the MAREI meeting at the Double Tree in Overland Park.

If you find this is the case with a property you’re evaluating I would run away not walk as this can be a huge problem for future cash flow.

I want to continue to use this house as a rental.

@Andrew MaturanaTo gain a competitive edge in the hospitality industry, explore creative ventures, Triple Net investments, house hacking, syndications, joint ventures, and leverage business acumen, networking, and resources.Good Luck!

What made you interested in investing in this type of deal?

While doing that, rethink how to best invest and deploy your corpus.I saw this article and thought of your plight.