@Arthur D. before you make a decision please be sure to read the Fair Housing Laws you cannot deny applicants because of because of race, color, national origin, religion, sex, disability and the presence of children.

By deducting this, you can see what you're getting for putting your money into it (as compared to mutual fund, C D, etc.) without deducting it, you only see what your return is for both putting your money in AND putting your time in. 8% vacancy.

I've listened to a few podcasts and know these transformations take time so we're not rushing anything.I hope that waiting to file the eviction doesn't come back to bite me.

-D

I like this approach to W/D!

I am very open to B, C and even D neighborhoods if the numbers are right.I am also open to properties needing some rehab again, if the numbers add up!

But other than that I don't see much need for w/d in a flip.

@Joshua D. if the numbers work how could i turn this into a deal and help out the tenant?

Originally posted by @Owen D.

It seems a lot of investors are chasing the few multi-families that aren't in a "D" neighborhood, so congrats on finding one that meets your criteria.