@Rick N' Heather I would start with calling the county.

@Victor N. it's a 100 amp panel.

Somewhat tangent to this subject and probably a bigger attribute to the overall landscape than the mom-n-pop owners of a 6 unit, is the concept of baby boomers driving rental demand and ultimately lower SFH housing demand:https://therealdeal.com/2018/07/20/could-baby-boom...https://www.propertymanagementinsider.com/baby-boo...From the first article I linked, baby boomers currently own $32M homes, or 40% of all homes in the US. 

Beaty, Atty. and John Paul Stevens, Atty.6489 N.

As a quick run down: Rental income $2,000 ($1,000 per unit) There’s no laundry but potentially space to charge storage.Expenses:Taxes ($3133 online) $261/moInsurance $70/moWater: called downtown the property is averaging $237/moGarbage: no costElectric: tenant paysGas: tenant pays HOA fees: n/aLawn/snow: $20/moVacancy (5%): $100Repairs (5%): $100Capex (10%): $200Property Management: $200Mortgage: $785 Expense total: $1973Income: $2000Monthly cash flow: $27I like this property and the area it’s in (again we’re house-hacking here).

Y N New Painting needed?

E-mail: [email protected] 6278 N.

I would by all means buy in SR a 4 plex .reasons are1. 3.5% fha owner occ... nice to get into a CA rental for 3.5% down2. you can rinse repeat annually until you have used up your 4 mortgage slots. there by owning 16 doors in Sonoma county all with 3.5% down on each.. does not get much better than that for N.

I have been interested in realestate investing for a while but have no much experience n 20 k to start.

Hello BP community, I am not sure what kind of insurance I will need to get for my first investment for a fix n flip.