@Peter Bui I think you need to recheck your mortgage numbers and I would anticipate additional capex and repairs in this type of product and age of the triplex.

How you should be underwriting capex is take each major item like the hvac and calculate its useful life and how much it costs divide how much it costs be the number of months of its useful life left and that’s how much you should be saving for that item do that for every capex and the sum them out for your total capex per month you should be setting aside.

This loan will be determined off of the appraised value of the home, not just the purchase price and rehab amount.Some local lenders will have products to offer without the seasoning requirement.

I manage a few of our own  smaller buildings in Yucca Valley area but for some clients within the area that we have represented on sales and purchases of apartment buildings, the majority of them have used "Affordable Rentals" in Yucca Valley and been satisfied.  

At this point I do not, but am certainly open to hearing why others do accept cryptocurrency.This morning's report of a major "hack" (see http://money.cnn.com/2018/06/11/investing/coinrail-hack-bitcoin-exchange/index.html) has me wondering how landlords can protect their income if paid this way. 

Majority of the house has wood flooring that looks great, just needs refinish; 1.5k.

Congrats, it's a beautiful looking finished product.

They are way overpriced or some major issues with the house.

The majority have some type of of 90 day+ title transfer restriction.

He hasn't done anything major except the flooring but he has done many small changes that are starting to add up.