If you can't afford the property with a vacant unit it's probably a bad idea.

When it is time replace your central heating and cooling system with split units.  10.  

We are currently renting a space in a strip mall and the landlord is willing to sell the unit to us.

I have the keys and have begun moving items into the unit, but am not yet occupying it.The landlord has now informed me that he would like to agree to some sort of buyout of the lease because he is having problems with the local municipality for fire and sprinkler approvals.

Looking back think rather buy stabilized units down there vs ones need remodeling due complexity of finding good contractors.  

I'm looking at an 1950s, 3br/1ba fixer upper that currently has window units.

So, I am figuring you do NOT have dozens of units. 

bigger units for people relocating might have higher demand but only in some areas.  

Generally there are three categories of multifamily investment properties – which will greatly determine your loan options.These three categories are based on the number of units at the property.2-4 Units: While these are “multifamily” properties in the sense that there are “multiple units” – you will generally have very similar options for financing to traditional residential loans on single family rentals – think the traditional 30-year fixed rate conventional option or DSCR Loans – and the coveted 20% down payment option too.

I’m currently looking to make my first investment in a multi-unit residential property.I’d love to connect with fellow investors and experts to learn and share experiences.