This triplex may not be the cash flow machine it once appeared to be.

Also this appears to be a rent ready deal.  

Jacob, Thanks for your detailed explanation, it does appear I was basically using the COCR.

This may be easier and keep you clear of Massachusetts tenant laws.

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

@Andrey Y.I may have misunderstood your post that appears to be directed at me so i will see if I have the correct interpretation...."

Well a couple things I can respond to...As far as the cash vs. leverage, check this article out that breaks the options down-https://www.biggerpockets.com/renewsblog/2015/04/1...My one thought on that is if you think you may want to leverage, it'll be easier to do it before you retire just so you can show easy income.

the higher the class of property the easier MLS becomes.Just saying there are alternatives  you just need a good broker... who likes to work with investors.I referred a BP client to my broker in Charleston SC who then bought a 800k duplex.. that she got approved for air bnb for example and its now making her 5k a month Net after expenses and sometime more..  

Find and connect with other BP members that are in your area.Set up keyword alerts to be notified of the topics that interest you.Read Beginner’s Guide.Check out BP Podcasts.Find upcoming real estate events and meetups near you.Check out the file place from time to time or do a direct search.If you'd like to tag someone in the conversation, type @ followed by their name and then select the name of that person that appears below the comments box.

I've generally pushed rents up about 5% to 7% from last year, but didn't get much increase for a couple years before that. if I do appearance and energy upgrades I get superior rent for the neighborhood.The precise location of your building will impact your ability to increase rent.