You can 100% use an FHA-203k renovation loan on multi-unit properties up to 4 units. 

My Canadian partners and I bought a Class B 144 unit in Houston, Texas for 77k/door and we’re actively looking for another similar deal.

Start with Reonomy or Costar to identify all the 100+ units in your target market (on and off market) and then see if you can get into direct contact with some owners.

I am kind of nervous as a first-time homebuyer and first-time investor investing out of state and looking at markets across the country. I am currently looking at Memphis and Detroit. I am not sure. Any helpful tip or...

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Have you confirmed that he is still in the unit?

They don't care about the 20 year old HVAC unit or a 10 year old roof.

.- You rent out the other unit for $1,800 and maybe a spare bedroom for $500.- Total rental income: $2,300.- You’re still responsible for a $500 gap each month.Add in maintenance, unexpected expenses, and vacancies, and your costs can climb even higher.

Ask how many units they manage and how much experience they have.

-So currently own 7 units in central MA area, soon to be more after my next refinance in 2 months.- Now helping other investors achieve their goals, whether you are brand new or a well seasoned investor.How I Can Help: -Connecting investors with trusted contractors, lenders, attorneys, property managers etc.