Pros: a. more than one unit so vacancy isn't zero if one unit is vacantb. all your problems (roof, yard maintenance, etc) occur in one spotc. possibly more cashflowd. purchasing is the same process as a single unit, so one closing process, one set of closing costs but you get two units or moreCons: a. more upkeep inside (ex: two bathrooms, two kitchens, etc)

House hacking a three vs. a two is how I started (in Worcester), and it has many advantages: better cash flow, less vacancy issues, and still only one roof/foundation/driveway/etc to maintain all while owning an extra unit within it. 

I work full time so I'm looking for something that I can jump into with lower maintenance issues and not having to worry too much about toilet calls in the middle of the night, or leaking roofs.

An inspection saved me a new roof.

We have a stack of papers on a rack.

Typical expenses of a property are: taxes, utilities, maintenance expenses, capital expenditures (big ticket items like roof, boiler replacement, etc.) and insurance.

I live in DC and the prices are through the roof.

I do mine quarterly, there is a lot that can change in 3 months, batteries in smoke detectors, leaks under sinks, furnace filters, roofs, cellars you name it.

If you can get him down on the price, and there are no major issues (roof, foundation, etc.), you may have something worth pursuing.Good luck!

Here are the details on the propertyJanesville, WI4 unit; 1b/1b eachAsking Price: $100k (Also assessed at 100k)Rent: $2300 totalLandlord Costs (Gas, Water, lawn/snow): $303PITI: $832 (after Refi with loan value 98k)Vac, Maint, CapEx, Mgmt: (8,10,8,8) $782Repairs: 17 yrs SMOKE DAMAGE; new roof; new windows; Kitchen updating - Estimated: $25kMy only comp is another seller with 4 unit; 3 units with 1 bed, 1 bath; 1 efficiency; who said they were putting on market for $160k (though assessed at $115k).