We've seen houses with a purchase price as low as $150,000 benefit from a cost seg study, so I wouldn't say it's reserved just for large multi-family complexes.

That allows me to generate a high and low estimates for each aspect of my overall rehab plan.

If you don't turn in the paperwork the county makes an assumption of $xx and the tax on this in my experience has been pretty low.

I would suggest getting with a tax professional to assist you since there's a lot of variability depending on your specific situation not only on a federal level, but with state reporting as well.

I just heard back from the bank and her response to my inquiry I emailed and said"I'm not finding any information that the adverse market refinance fee is still active, I've only found information to the contrary.Linked article from The Federal Housing Finance Agency mentioning the fee has been done away with as of August 1, 2021"Her response"You are correct, no hit for Cash out on primary residence, that has gone away but we do have adjusters for Loan to value and cash out loan to value along with credit score and 2-4 unit"This is problematic to me on so many levels, why was she willing to increase my interest rate based on her ignorance, who is watching and making sure these lenders are doing the right thing?

I worked with a local bank that had extremely low costs to refinance so it was well worth it for us, but some bigger banks may catch you off guard. 

It is important to clarify this policy beforehand to ensure consistency and fairness in the application process.In addition to credit scores, other factors to consider when evaluating potential tenants include their income level, employment stability, rental history, criminal background (such as the DUI), and any other relevant information provided in the application.In this particular scenario, the fact that one of the applicants has a credit score below the minimum requirement, as well as a DUI on their record, may raise red flags for some landlords.

I looked at the HOA fee, and it was only like $280 a month, much too low to maintain that building. 

Hey @Corbin Wright, so this site came up earlier and I am a little dubious.Essentially, just because the property is working now, doesn't assure future success.So much goes into creating a successful STR that it can be difficult for those that have never done it to maintain the level of success.They want you to subscribe as well as pay for the "Pro" subscription.

Looking for some insight if I should wait to purchase in the hopes of more multifamily properties becoming available in the future, if I should make an extremely low ball offer on what's currently listed.