I laid some down in a second floor bathroom and it looked amazing for a couple months.  

That way the risk is split, but obviously profits are too, but the amount of education it'll give you will be amazing plus you can get into the game and not possibly lose out on a deal.

This is an amazing community.

Kitchen looks amazing!!!

All I can tell you is that I have experience in both and I find great value by being at a brokerage where I have access to so many amazing minds, it has helped me to become a great agent, for me and for my clients ;) Best of luck, I believe we all find what works best for us!

So I found this amazing quad, it is about 240 K and the rents are right now total 1900, but I know I can raise them to 2100.

Amazing!

It seems like an amazing deal -- so I want to run it by you all in case I'm missing something.Property DetailsListed on MLS for $185k; on market for 249 days5-units: 1 efficiency, 3 1-bedrooms, 1 2-bedroomAll units currently leased to students through Aug. 20173 blocks from local 4-year university that ranks top 15 in the stateRoof <2 years old; all furnaces <10 years oldAnnualized Net Operating IncomeRent: $32kVacancy: 3% or $1kProperty mgmt: 10% or $3.2kTaxes: $6.4k Water + other utilities: $2.3kInsurance: $1.2kMaintenance: $1.5kNOI: $16.4kFinancingI'm hoping I can negotiate the price down to $160k and put down 25% $40k Cash on cash return: 40.24%Apparently the roadblock for this property has been financing since it's a 5-unit and would require a commercial loan.

But as long as you continue to make small strides, you will be amazed what you will accomplish.Congrats on making a life-changing decision!

Security deposit stays on the unit, You could ask the woman to give proof of income so you know she can cover the rent on her own before signing him off.You can let one go and keep the other, its done all the time.