With all the bathrooms and kitchens, the value of the land is a lower percentage, so more can be depreciated.Residential buildings can be depreciated faster than commercial, to shield a higher amount of cashflow from income.Aside from the above list, multifamily shares a lot of the same real estate benefits as retail, including the ability to drive income and appreciation through your own efforts.FWIW, a fourplex, triplex, duplex are a strange area of overlap between single family and true multifamily. 

What, if any discounts are you giving good tenants?  

What, if any discounts are you giving good tenants?

There’s no reason to discount rent from market. 

L/Os would allow offloading both responsibilites to the tenant buyer, for a discounted sale price.L/O tenants can be evicted instead of foreclosed on in the worst caseDownside is not being cashed out right away though.How do you guys usually exit your foreclosures?

We removed a wall between the kitchen and dining room, updated the kitchen, gutted both bathrooms, paint, refinished hardwood, updated plumbing and electric and did an unbelievably large amount of landscaping (English Ivy AND Honeysuckle...c'mon!).

Looking at craigslist for Las Vegas and Los Angeles, it seems that a room rental w/shared bathroom situation is roughly 50% (maybe 60%) of a 1 bedroom apartment.

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If it's low, say 30% of the time, 2nds seem like a tough game unless you buy at huge discounts.

The closing cost is more than 6% even when I remove the credit/discount.