I really like the idea of a multi family property in the Dallas/Ft Worth and surrounding area.

This rental property will be designed with a keen focus on generating a healthy cash flow.Project Blueprint:Budget: Allocated at $200,000, covering construction and all related expenses.Focus: To merge energy efficiency, durability, and tenant comfort with cost-effective construction strategies, making the rentals both affordable and sustainable.Location: Currently scouting – I'm open to suggestions and insights on ideal locations supporting this vision.Strategic Planning:Efficient Design & Planning: I'm considering compact, multi-functional layouts to optimize space usage and incorporate cost-saving construction methods without compromising quality.Sustainability & Efficiency: The plan includes investing in top-notch insulation, air sealing, energy-efficient systems, and sustainable materials to reduce the building's carbon footprint and operational costs.Budget Management & Cost-Saving Initiatives: Careful budgeting and exploring value engineering options are crucial, alongside seeking out grants or incentives for energy-efficient building projects.Community & Sustainability Goals: To create shared amenities to foster a community feel and implement systems encouraging tenants to monitor and reduce their energy consumption.Seeking Community Insights on:Cost-Effective Building Strategies: How can I ensure the project remains within budget while achieving high sustainability and efficiency standards?

It’s a win-win for all parties involved.

Finding a solution that works for both parties is ideal, but if that proves difficult, it may be necessary to consider alternative steps to safeguard your investment.Please note that this is general advice, and consulting with a legal professional who is familiar with the specific laws and regulations in your area is recommended for a more accurate assessment of your situation.Best regards, 

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

Have had zero house with bad memories, but a few multi-family.

(Personally, this is not a route I would take, but everyone is different and sometimes the stress of dealing with something isn't worth the financial return)3) Contact the other injured party in this nightmare, the "tenant" that is being sold your house.

I am interested in LTR with a multi-family property that has a total of 4 or more bedrooms or single family home that has at least 3 bedrooms, purchase price between 160K-230K, and does not require a large rehab. 

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

I own a 3-unit multi-family with a business partner.