The lot size was too small.

I’m focusing my strategy on small multi family rentals but don’t see a lot of 4 unit properties which would be ideal for me.

Is anyone developing small commercial units?

It is heated (No AC) and has a small parking area for approximately 6 cars.

Areas like rural small town Bisbee multiunits are dirt cheap, cash flowing, but factor in the area of middle of no where and not up coming.

You can (a) read your contract with the lender, or (b) call the lender and ask them directly. 

It is heated (No AC) and has a small parking area for approximately 6 cars.

Hi masters,I have a question about the county mortgage tax when purchasing a property.I'm quoting a mortgage from 3 lenders for a small multi-family in Bushwick/Ridgewood area (Brooklyn NY), and one of them estimated the county mortgage tax in their quote when the other 2 didn't.If anyone has some knowledges to share with this, I would appreciate it.

I'll have them do a few small jobs as a "trial" period, before unleashing them on a bigger project.Good luck and if we could be of any help let me know!

When I rented myself, every lease renewal there was an increase, as small as $40, but consistently every year.