But from my limited time in the game, I’ve found that my complete lemons are cash cows a few years later as market rent comes up well and my cap ex fixes a few years ago have paid off.

We invest in 38109 on a limited basis when a client requests properties in the area, but further north and east.

Definitely an option in PA, FL you may be limited to 75%.

If one or more units are vacant, the remaining units often don’t provide enough cash flow to cover expenses, making it harder to meet operating costs.Maintenance costs: A fourplex comes with four times the appliances, plumbing, HVAC systems, and other components to maintain, leading to significantly higher repair and maintenance expenses than single-family homes.If you want to see the detailed calculation, read this BP blog - More Units Doesn’t Mean More Money—Why a Single-Family Home Can Beat a Fourplex.Resale value: Multi-family properties have a limited buyer pool—mainly investors—who base their offers on CAP rates.

I come across people with limited credit history and/or no score.

They could have owned the home for many years and if homesteaded, are limited to up to a 3% increase each year.

It just shows up on your schedule e like a regular property.Other benefits are: limited liability/asset protection, reasonable minimum investment ($100k usually).Note that these do have risks just like any real estate and they are only available to accredited investors.

I have equity on it and yearly i get around $10000 as rental income but the property is 1989 build and i am assuming that since its very old property the equity gain would be limited.

While cash flow can be limited within the downtown area, there are still excellent opportunities for cash-flowing rentals in surrounding regions.

My business partner and I bought into it  quickly saw its limitations then just as quickly canceled our service  within two weeks.