We've had 3 pretty good years, most LIH operators are expecting small/flat increases or, yes, god forbid, FMR decreases in the immediate future.Unless you have a LURA on the property, you don't have to take low-income renters if they can't afford stated rates.

@Kraig HayesBlock or frame built and flat roofs or hip/gable roofs.

I know this answer flat out sucks but dude don't mess with these kind of questions!

It's a four-flat residential on the second and third floors with additional two business offices on the ground floor for 150K in a small city in upstate NY.

Yeah it is a tough situation, some localities are only halting evictions for non-payment of rent while others are halting them altogether, so find out which one you are in. 

I don't remember exactly the numbers but altogether he will be making around $16,000 for 8 bedrooms and his expenses were around $10,000. 

@John Warren Thanks - it's a 3 flat.

@Amanda WilliamsI have done this exact job for BRRRR investors and granted my FT job is commercial construction manager so I feel I hold myself to a high standard on these BRRRR flips, but the best way is a flat fee based on 1 2hr site visit per day, he writes a schedule ahead of time that he is held to Gantt Chart style.

I put a 5 burner flat top stainless stove in a student housing apartment that I own.

I need to change the plumber on my rehab permit for a 3 flat.