Some relevant financials are below...any help from the crowd would be appreciated as if like to explore this and do a 1031 in two years.Current rent - $850 Current property value - $75kishNo current mortgage Located outside Houston and appreciating at around 4% a year If tenant moves I'd do maybe $20k in renovations to update kitchen, floorplan and exterior siding but house is functional

Location How did you find this deal and how did you negotiate it?

Campus Property for assignment E 14th Ave is located in Indianola Terrace neighborhood in the city of Columbus, OHBeds: 4 Baths: 2 House size: 2,254 sq ft Stories: 2 Lot size: 6600 Garage: Detached Garage Year built: 1910 Property type: Single familyStyle: Old Style

@Etahn Smith - In addition to what was mentioned above, depending on the location of the rental there are companies that will install and maintain coin-op washers and dryers.

The meetings give information on a subject that is different each month with two meetings each month each at different locations.

My company is located in Temecula, CA. 

I have seen Starbucks go in with less parking but it was a location they wanted really badly and had more walkability factor.People think retail is easy and tenants pay you monthly mainly passively on the lease.

With that and the photographs we take as well as the location, I knew it would hit!

Hi guys I am looking to purchase my first Multifamily this would be a first deal in real estate I found with my broker a property I am thinking maybe a good deal but I would like your thoughts on it . 4 unit Multifamily centrally located in west Chester NY Income 3720$Expenses Mortgage insurance and taxes is 1276$ a month Vacancy 186$Repairs 186$Cap ex 186$Management 372$As of now the landlord pays electricity and gas 600$ a month Water and sewer 50$ a month I was thinking if I take the property and put separate meters for water and electric I can have the tenants pay their own utilities Please share your thoughts on the deal

Also (and this is more important than location) make sure that the accountant is well versed in real estate taxation.