Now I've finally hit a much more steady patch (knock on wood) now that they're all renovated and up to a certain standard (new roofs, hvac, etc).

Have a weird layout property where the front door is on the 2nd floor and there is a set of wooden stairs to get up there.

It sounds like you've put a lot of work into this renovation.First, let's break down your options:### Selling the Property- You've estimated a potential profit of $58k, which is a significant return on your investment.- Selling now would give you immediate cash to reinvest or use for other purposes.### Renting the Property- With a projected rent of $1450, you need to calculate the Debt Service Coverage Ratio (DSCR) to ensure it's viable

*Tenant occupied properties usually have below market rent, often VERY below market.

Good afternoon, I just closed on a multi-family property (4 plex in an older home) . 3 units are rented, 1 is vacant and there is a shared common area for laundry.

The landlord can only deduct for actual damages, which can be physical damage to the property or lost rent.

If you know what you're doing it can be a good way to acquire discounted properties.

Jessica-Where is the property located?

Remember you don't have to own a property to control it.

These are investment properties.