Any help would be appreciated as this would be my first multi.

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

I've seen way to many multi family properties just get into that death spiral of a slum lord and horrible tenants and it's just one band aid after another until finally the owner extracts whatever they can and exits.I personally would want to be buying something at a little lower price, perhaps redeveloping, etc.Build value rather than extract value.If the assumptions above mentioned check out and you're happy with those returns I don't see a major hurdle ----  big however though is that you're only outperforming your cost of capital by maybe a percentage point?

We would really like to purchase an owner occupied multi fam unit (2-5 doors) in Spokane or Coeur D' Alene and live in while continuing to airbnb or long term rent mine in Spokane.

I think you'd find it difficult to get where you want to go with your $85k and I don't think use of those funds for that purpose puts you in a good risk profile with regards to capitalization and exposure, personally.ID of a multi-family that you can rent out...

The buyer's realtor should have ordered and tracked the warranty, the buyers title company is looking out for these things as well - do either of them - having let the deal close and record - now bear any of the responsibility?

@Christine MwaiIm interested in any multi family properties that you are willing to share With me.

Do I pay cash, do track and give 1099?

The problem with grass comes into play when you have a multi unit building.

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