The market has shifted w rents down slightly, but demand is still strong. 

It was an 8.11% cap rate with current rents with upside to raise rents by 20% with renovations done to the property.

And they are located beside multi-million development which will bring up the value in 4-5 years, if the market remains the same.I have clients who are selling because they have some equity but are cash flow neutral/negative and fear some assessment.

We are new to investing, we would like to live in one unit and rent out the other three however I haven’t seen any four Plex for sale in the area and one really awful duplex.

My focus is primarily on the Milwaukee and Madison area, as I am most familiar with it and it is relatively close to my current location. 

Given the block this was on which was primarily mix of decent homes and obvious rentals, and this home needed a few thousand in repairs prior to rent, I did not want to pay more than my max 76k offer.

Great yard and great location

HiI am interested in investing in a property (located in New Jersey) with a few other investors. 

I have enough in savings to pay for it but I keep asking myself should i just sell it and get it off my plate and lose the low interest rate or bite the bullet and do a big rehab and continue renting it out.

The land has two structures on it I would like to use as rentals, a small 400 square foot pole barn that I would like to turn into a studio loft apartment and an 800 square foot cabin that some needs work before being able to rent.