Plus side is you don't have to deal with exteriors so it might not be a bad plan.

It's too bad that it hasn't worked yet to find some local help.

Especially if there's bad drywall and it's already ripped out.

There's a quite a few folks in our group that are really in need of some quality contractors!

In addition, your ability to attract a decent quality tenant will be significantly diminished versus a SFR in a good neighborhood.When going from SFR to MF, there is a tradeoff you're making. 

We value quality over quantity and working with owners/investors who “get it” and are open to our input and control in order to help them succeed as we are VR owners/operators ourselves. - residential sales/buyers agent for out of state visitors who may transition into snowbirds and/or 2nd home investment propertiesWe’ve already spoken to attorneys and it seems we have “very good questions”.

Financing with 20-30% down isn't bad but I couldn't repeat that without earning cash at this point so I'd rather find a way to flip these or find a way to get them financed more than 80%.Option 1) lease optionsI've read a bit about these but not with tenants already in place.

I'm not sure of location and quality of the property but I know there are always people looking for rentals below $800 in Cabot.

A bad financial decision can set us back a decade.

Hi everyone,

Through some family connections, I found an off listing duplex in South Berkeley that will be delivered vacant COE - one unit is current occupied. He is willing to sell at 825k, but the property needs wo...