I'm an experienced project manager with hundreds of cradle-to-grave efforts under my belt, including building project scopes and budgets, evaluating contract proposals, and managing construction to maintain the delivery of high quality products on-time and in budget.Penny is a licensed clinical social worker (LCSW), serving the community mental health needs of parents, children and families.We both recognize we have an immense opportunity to serve our community and want to capitalize on the blessings we have been provided so that we can continue serving our neighbors.My wife, Penny, and I are looking to transition into commercial multi-family real estate in 2025.

There is no consideration for risks, areas, quality of the house, renovation, or management.  

@Thomas FarrellRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

As you already know, the quality of the investor agent will speed up your learning curve, and save you money, time, and headaches. 

Turns out, the right marketing found renters who appreciated the quality and were willing to pay a premium.

so I am going to have to speak to the realtor and the tenant to see what we can do. hopefully she doesn't fight and it goes well otherwise i may have to adjust the rent.  

I'm not in that market so I can't speak specifically to it, but to me the deciding factor would be what the surrounding units and area has. 

Here’s an example of what I’m speaking of.

Appreciation is a real thing and not only this the demand for quality low-income housing is real. 

For the duplex, would you consider it to be in a high quality (A), medium (B), or low (C) neighborhood?