It would reduce expenses - no doubt, but breakeven time is a major go/no go factor.

Hubzu sale not initial auction.Days on market: 157Price on mls started around 130k, reduced every month like clockwork.

I think it will have a disruptive role, reducing the barrier to entry and making real estate more accessible to retail investors.

These homes would be 1/1 and 2/1 high energy efficient homes.The theory behind these is to create affordable housing with a reduced carbon footprint that can be owned by the typical person that would rent.As an investor do you see this as a viable opportunity?

I told him I could push the closing date out, reduce the deposit to $1000 and let him have an inspection.

Another suggestion, sometimes agents are willing to reduce their commission some to make the deal go.

Look at mechanical, roofs, appliances etc. to reduce potential for reoccuring repair & maintenance issues and making move-in ready.If you provide a decent analysis of the property which peaks his interest, and he buys and finds you were spot on, whose properties is he gonna look at in the future?

Ultimately, you're just going to be reducing your return by putting money into the property at this point.

Seems to me you need 2.5 - 3 times that cash flow to make that work and also reduce your risk.

Any suggestions on financing such units are helpful.Also any help that can help me reduce expenses of multi-unit housing.