The already-constructed home is one point on the base of the triangle, and the other plots comprise the rest.

In that scenario Section 8 tenants are the least risky tenant base.

Based on its price and rental income do you think it is worth it?

Seriously, it's important.And as mentioned above, the amount of rent you receive on multi-family properties is based on 12 month rental comps.  

Purchase price: $160,000 I purchased a two story home by a military base from a family member for $160,000 but it is worth more.

@Mark Sullivan I'm based out of Rhode Island so not sure if my providers lend where you are located.Biggest thing here, I would look for a portfolio lender.

My goal is to build a comprehensive resource that not only answers key questions but also provides clarity on the entire process.The draft is based on my personal experiences working with clients, but I want to ensure it reflects the broader community's insights.

Hey Jon would recommend checking out FB groups if you aren't local (looks like you're based in the Bay).

My name is Zach Langley, and I’m a licensed realtor based in Dallas, TX.

Typically, the tax is based on the assessed fair market value of the property at the time of the transfer, even if it’s not a traditional sale.