I've been searching for residential multi-families in the $1M - $1.3M range to offset my mortgage by renting out other units.

Key determinants include the percentage of owner-occupied units, contribution percentage for the HOA budget towards reserves, and a clean record without litigation, delinquencies, or major issues.

In order to make it worth her while you will have to answer both questions to her satisfaction.To answer the first issue of not being real to her, I use a tool I call flash cash.I will bring 1-5k with me in $100 bills and when overcoming her first objection, “I don’t want anything to do with it,” I will fan out the cash like a deck of cards and say, “I know this doesn’t feel real to you, but I am actually here to give this to you.”

"She doesn't boom but she doesn't but either"The only issue I see with your strategy is scalability. 20-40 units often get crushed with expenses because of the lack of economies of scale. 100+ units are actually easier to manage :)Happy hunting!

Can I include something in the Rental Agreement where they would sign, acknowledging the stair issue and that we are not liable? 

I'm interested in BRRRR's with single and multi family.

Hi Tax masters,I have a question about the county mortgage tax when purchasing a property.I'm quoting a mortgage from 3 lenders for a small multi-family in Bushwick/Ridgewood area (Brooklyn NY), and one of them estimated the county mortgage tax in their quote when the other 2 didn't.If anyone has some knowledges to share with this, I would appreciate it.

I’m focusing my strategy on small multi family rentals but don’t see a lot of 4 unit properties which would be ideal for me.

Or wait until we have 2 incomes to build more of a solid financial safety net. 

With that being said, I am currently looking to buy a multi family project in Ankeny and liquidating many of my properties in the Iowa City area.