Where is the balance between being of service in the community, providing a quality home versus the bottom line and growing our business?

Hi Ron,Just make sure to look at time allocation versus return for the flips.

Conventional versus Owner financing.

It's a duplex and your breakeven occupancy level is not as desirable as a 4 unit. 2 units and one unit goes vacant you are at 50% vacancy versus a 4 unit at 25% vacancy.

I've learned that obtaining financing is more difficult if its under LLC versus personal name.

Been looking at a few in my area and was wondering how much lower were the expenses versus a 3 or 4 bed?

Also I tend to post my ads on craigslist on Monday mornings for me I seem to get a lot more inquiries during the week versus on the weekend where I may get only a few and I post more than 1 ad with a eye catching title, since it tends to get buried by all the other postings a well as noting I am a private local owner which helps prospective tenants know that my ad is not a scam.

You look at the tax return transcripts from the IRS versus the seller providing you what they say they filed.Banks statements are good but not fool proof either.

One goes vacant you are at 50% occupancy versus a 4 unit one is vacant you are at 75% occupancy still and it is easier to service your mortgage payment. 1 unit buildings are usually not as desirable as 2 beds.

The flat paint tend to get things to stick to it kind of like flat paint on a car versus clear coats.If you are buying new cabinets where I am at they are pre-done.