Quote from @Henry T.: I'd say first requirement is to know the laws about rent increases city, and state.. 

Hey everyone, Im Henry, from Houston. 

Aspen Ridge Apartments has 5 parks within 5.6 miles, including Omaha's Henry Doorly Zoo, Lauritzen Gardens, and Omaha Children's Museum.

Sale price: $163,500 "Henry I" - 3 Unit, Grand Rapids, MI Brrr#1, July, 2015Purchase price and type: $163,500, 3.5% downLoan Product: 3.5% down, FHA Loan ($5,800)Monthly PITI: About $1100/moRehab: 45-55kRehab length: 2-3 yearsRent: $1050/month (beginning total for 2 occupied units)2018 Refi: streamline FHA cash out, or something like that.

@Braeden Henry how else are you going to evaluate the property with out going there unless you have a team in place to do it for you.  ? 

@Travis Henry It’s certainly beneficial to become more familiar with different approaches to investing.

@JayCinta Henry .

@JayCinta Henry.

Originally posted by @Henry Lazerow:I had a wholesaler try to sell me a great off market deal that was really a deal which sat on mls for 12 months and recently expired 😂Nice....Probably needed like $5k in reno and it would be worth 4x what it is today.

I would agree with the conclusion of @Henry Lazerow, although for different reasons, and suggest that you bid with confidence knowing that that this is not going to be an issue with the 3rd unit or a headache from a violations standpoint.