My answer though is no, 0 good investments in any of those cities. good luck out there

Originally posted by @Mark J.

i don't have an answer for you but just wanted to say to check with the building/zoning/permitting dept to even ensure you can convert this property to a legal 2-family!

Be able to answer questions regarding average price points, rental rates, new developments, local policy change, population density, job/business allocation or relocation, etc.

I’m happy to share some experiences and answer any questions you might have about operating in both markets.

Would be happy to answer your questions if any!

No right or wrong answer. 

Originally posted by Logan A.

@Eric AndrekopoulosHe could also sell them and not have to worry about if the borrower is paying or not - put the funds in a deferred sales trust and invest it in something less risky (not levered at 90% which is probably what it would be seller financed) and not pay ordinary income but have it taxed at qualified dividend.There is a reason why 99% of loans are originated by banks and not by sellers.

Many Commercial lenders are not licensed, since there is not a specific license to originate 5+ Unit Commercial loans.