This could increase consistent revenue and give him the flexibility he needs to focus on really starting BRRR. 

Your money paid will put you in a place that will not have any final work done and out all the money.

Is there another place we can leave a review?

Selling them together at a 9% cap rate would likely be successful as 8 units are unusual and the price point ($775,000) makes them accessible and unique for someone with a smaller amount who is getting started in bigger buildings What made you interested in investing in this type of deal?

Selling them together at a 9% cap rate would likely be successful as 8 units are unusual and the price point ($775,000) makes them accessible and unique for someone with a smaller amount who is getting started in bigger buildings.

As Patrick mentioned, I would be careful to be competing with the new builds and stick to more affordable price points or places with a large yard or no HOA that will appeal to a different group of people than the new builds will.

Top 10 best place in the country to live and invest.

The builder will have more control after the project starts.

Were there tenants in place already?

Let it go, if it's gone when you get the place back, fix it and charge them.