Investment Info:Small multi-family (2-4 units) fix & flip investment.

Can I get away with renovating and renting the unit even though its zoned for commercial? 

I'm in the Pittsburgh area, focusing on small multi units in "B" areas to start and then building from there.

Purchase price: $180,000 Cash invested: $44,250 I was able to purchase Units A and B from an owner who was getting out and moving away.

Hi Jerid, I have a borrower in rural Cooper TX looking to do a 12 Unit MF Fix and Flip, do you have a direct lender that would close in that area?

Passing the Self-sufficiency test on 3-4 unit properties with FHA financing is truly a nightmare. 

You can charge more for extra adults, not for adding children if the unit is large enough for them under the Fair Housing guidelines.

@Derek Tuohy I would suggest start working on getting a Bookkeeper on your team and use a software, if you plan to grow it will be easier and cheaper to get into a software now rather than later and have to learn with 20 units rather than learn with the 3 you have.I agree with @Jake Baker on his bare minimum suggestions.

It is legit, but you're better off purchasing units in successful STR areas in your market to benefit from the cash flow and equity.

I live by myself, so it doesn’t make sense for me to live in the vacant unit in front that’s 3/3.This tenant is currently on month to month, i believe she’s living there for more than one year.