I want the passive income of rental properties, and I love the idea of multi-family units.

@Theo Hicks yea...Northside has been great for some flippers I know... but now we’ve seen some luxury multis, another brewery is going in down there was well.

Ultimately, I would like to use a flip and hold strategy on distressed multi-family properties.

What do i get, i get my post deleted by BP police calling it advertising.

There aren’t a lot of areas in League City that are zoned for multi-family.

I kept going back and fourth on what to do and finally decided, I'm going to raise rent and just advertise as all inclusive utilities.

I'm thinking it may be smarter to do FHA on a multi-family for my first deal.

I'm looking to invest in multi-families, but am hearing it will be hard to get financing for it due to being unemployed...looking for any help or advice that will lead me in the right direction. 

When I bought my first multi-family, the seller had two units that were vacant.

So essentially, I would be paying 300 in utilities plus 75 (difference between the 900 rent and 825 income from upper unit) for a total of 375/month.I own and manage several SFR's and multi-family properties, but have never gotten involved in a lease option.