The other units are free to be used as rentals.

Colorado landlords will no longer have free rein to refuse to renew their tenants’ leases under a measure passed last month by the state legislature and signed by the governor.

You are tying to separate them but keep them together where it benefits you (premium cost saving).

In addition, I live with my parents so even househacking will still cost me over $400 a month, which is what I pay to stay with my parents.

That is, unless investors are now willing to pay more than the 1% rule used to dictate.I know it will cost some time and money to get them vacant and fixed up, but the alternative seems to be to leave 10s of thousands of dollars on the table.

@Charles Burgess To be honest with you, the chances of you buying a lot and building on it for less than the cost of buying an existing property are pretty low.

Feel free to add me to your Network and if you ever have any questions feel free to email me or reach out.

If you’re still working through it, I’m happy to share what I’ve learned—feel free to reach out! 

If you're curious about the booming Philly market or need some advice, hit me up for a free consultation.Looking forward to connecting with you all and making some profitable moves together!

How do you typically handle unexpected costs or delays in your real estate projects?