Decide what is most important to you, use the metrics accordingly, compare those to other available properties, and then make a decision.On this particular property, I wouldn't call it a home run by any stretch.

I believe it was mainly just a prorated portion of the wastewater charge compared to my normal usage, so not a ton, but definitely nice to get back.

Everything is pretty cheap here compared to Seattle.

Compare notes and do what you can to find sold prices near by ie comps for arvs but basically keep looking at deals until you know a good deal when you see it

Gtots do comparables!

The appraiser had a hard time finding sale sales comparables because only 2, 4 plexes sold within the last year in the area. so he did a sales comparable approach (which came out lower than the purchase price) and an income comparable approach (which came out 30k higher than purchase price).

The appraiser had a hard time finding sale sales comparables because only 2, 4 plexes sold within the last year in the area. so he did a sales comparable approach (which came out lower than the purchase price) and an income comparable approach (which came out 30k higher than purchase price).

There are lots of MFH investors and people that want to house hack.It also depends where in Fitchburg -- the MFHs are clustered in the downtown area.Finally, house prices in Fitchburg are relatively low compared to the rest of the state.

He just needs to take the probate settlement to his accountant to verify his basis right now and compare that to a possible sale price.  

Is AZ/Phoenix landlord friendly or tenant friendlyAre there still properties  out there which can fit 1% rule .Are there lot of multi family homes as compared to SFH ?