If I could do it over I would definitely buy a four family I started with the duplex then a three family and then a four family and I now do 4 families and larger if one person moves the only missing one fourth-year income versus a duplex where one person moves are losing half your income plus with the price point on a four family your depreciation and you’re write offs are larger and later on your net worth is higher

Chris, I forgot to address this post in regards to ACV versus RC. 

I am very curious as to the must have or 'should do' rehab to either increase value in my home to possibly start using the BRRRR method or for basic tenant improvements.

I am very curious as to the must have or 'should do' rehab to either increase value in my home to possibly start using the BRRRR method or for basic tenant improvements.

Inform the non-selling co-owner of  the cost of repairs that are demonstrably necessary to maintain (not to improve -but just to maintain the existing structures or to bring it up to code to the extent that you need a permit).   3. 

If they don't, they're not paying enough attention to the metrics that help them improve performance, which is a bad sign.I know I mentioned this before, and some folks will disagree with me on this, but I advise most investors (and new ones especially) to stick to B/B+ properties and areas.

2) Does the property have enough cash flow to support increased vacancies during your improvement plan?

You create more value in a 2-4 unit building by improving things like kitchens and baths to create value against the comparable properties.

It needed just a few minor improvements and some updated decor.

It needed just a few minor improvements and some updated decor.