Good afternoon everyone! 

I already commute 90mins in the morning and 120min in the afternoon. 

The listing agent is sort of lazy and didn't want to do any works.

One of the home builders I used to work for had the following on the wall:"You can buy more land in an afternoon than you can sell in a lifetime."

Once you get to my age you hardly sleep at all, except for an afternoon nap and in the evenings watching TV.

Good Afternoon BP Community,We are looking at a two family that seems to also have two studio in law apartments - are there any issues or legalities we should look out for with this type of investment, the plan would be to rent out all units, we would not be residing in it.  

@Steven PayneSure - Contract: 87,500Rate @ 20% down: 5.1%Rate @ 25% down: 4.7%After looking at this more yesterday afternoon its more complicated than i initially anticipated due to the imapact on the cash flow.  

In order to enact the early-termination clause, they must be current on all rents and fees,  pay the fee when they turn in the 60-days' notice, pay rent timely through that 60-day period or it invalidates the clause, making them obligated through the end of original lease term, and agree to scheduled weekly showings (usually Saturday afternoons) during the final 30 days.  

@Michael Dumont II Hi Mike - I don't have a buyer/broker signed for any realtor at the moment, but I am visiting potential properties this afternoon with one, but who knows if I'll sign one immediately following that either - we'll see how the evening plays out.As far as investment strategies - with all of the "rules" and numbers (cap rates, cash on cash, etc) --- what do you use as your baseline for VT properties, take the 50% and 2.5% rules for example while considering property purchases.

@Carlos Altamirano Good afternoon sir.