Some one who can handle a well-defined project without much additional input.Financially solvent - No "I need gas money" calls.

They still use the water for bathing, washing dishes, washing their clothes, watering their lawn, washing their car and anything else you can think of.

Within the next 1-2 years my wife and I will be selling a 4-unit long term rental building in Wash D.C. and investing the proceeds in a Mexico vacation rental (eventually retire there).

Vinyl Siding is a better option in my opinion, It looks great and is pretty easy to power wash yourself. skip the paint.

And also with multifamily the owner is responsible for water and sometimes heat or gas and snow removal.If you have one or the other it can be a wash.

On the application that will be a wash, and you'll qualify for the same amount on your next home.2.

I can tell you I'm in the process of signing a contract with them right now. i just moved to the Wash DC area, lets connect and perhaps i can tell you more.

Now, I know that a duplex will not be a commercial loan, and will not use DSCR (will use DTI instead with probably 75% of rents applied to wash the mortgage payment, or something along those lines).

The one I got for 8k cash (9k agreed price but tenant deposit I assumed liability and he gave me a 200 credit to power wash it).

These rates are much higher than I can find in the Wash DC area.There's a short thread discussing these buildings at:http://www.biggerpockets.com/forums/88/topics/121516-help-with-analysis-of-2-investment-propertiesI'm going to be Omaha on Apr. 4, 2014 to walk thru the buildings.