Hey Steven Luttman the four unit has gone good, it cash flows nicely right now its actually on the market and I have gotten numerous offers.

The house is in pretty good shape, 2 bedroom, nice area.

I think those areas are not particularly the place to start.IMO I would use the models provided by BP, and find a nice base hit, ie a nice property that has a solid but not super return. 

I am mostly looking for cash flow and this property would flow nicely.

@Abel Curiel Very nice words my man.

It doesn't seem that much more complicated to build and with that you have a nice new building with minimum maintenance and repairs for the first 5-10 years. 

The nice thing is the broker did refund his part which is great.

This is a pretty nice place so that’s not the issue.There’s something weird about NH.Oh, forget writing a policy for anything less than what the insurance says is rebuild cost—that’s a no go with every agent/company I’ve talked with.

(old building is going to need repairs... is 20% too high?)

Nice work  keep it up.. love it when you actually buy and a principal and sell as a principal.it only gets better.I don't know what my record is.. but if you do this game long enough you will get some whoppers..