Searching for a small multi-family (2-4 units) in Houston, but have run into exorbitant princes for very old structures.

@Charles Stubblefield  I would seek advice from an attorney. 

@Charles B.

@Charles CarilloThank you Charles.

Charles, MO.

@Charles Carillo What's a popular syndication that you recommend?

@Charles Kimber okay if the tenant is month to month their current lease is less relevant assuming that it could rent for more, however $234k for Atlanta is getting into properties that generally don't make good rentals period, someone with more experience there correct me if I'm wrong but isn't the sweet spot something like $150k-$175k, so perhaps better to look at as a flip.  

@Charles Lee If a good owner occupy then maybe vacant.

I'll add four more things to this thread based on actual data in Fort Collins for @Charles Phanumphai to complement what I already posted above.First, we see a larger number of discounts in the higher priced properties than in the lower priced properties that we'd typically buy as rentals and that have higher demand.

Thanks Charles, Mke and Shawn.