Without a value add, the SFR to quad purchased at retail (MLS) is cash flow negative when using realistic expense estimates (contrary to what a few people claim, but when called out on it decide they do not want to publish their numbers).

For example, retail or office development may satisfy the first two constraints but are they both financially feasible?

Yes it’s a bit dicey these days mainly due to office and retail not multi but multi is paying the price.

People sometimes want a little starter home with 3 beds and 2 baths that they plan to live in for 3-5 years before they upgrade to their forever home.

@Greg Dickerson Jacksonville is a hot bed for investors believe it or not.

@Jasraj Singh you pay retail price on the renovation plus deal with the headaches of contractors trying to rip you off.

Great school system/community- 2 buildings- 6 units in each building- 2 Bed 1 Bath units-1000 sq ft per unit, appliances included, washer/dryer hookups in each unit- built in 1998 so fairly knew-Rent Roll is low and will need to be raised- Currently at 590$ per unit - Very low vacancy rate in the 15 years the owner has had them- New roofs, Air conditioners-Building structure seems very good.- Another plus is that I own 16 units just down the street so the location for me is helpful.His initial asking price was 650k and now he is thinking he needs to be at 700k.

Because I would go FHA however I can only rent out 2 of the units (both 2 bed) and I will live in the one bed apt.

My question mainly is obviously right now we are facing two issues1) Commercial properties are shut down, both retail and office (except for the lucky ones that own NNN pharamcy or groceries).

Shutting down sectors of an economy will cause job loss though a lot of these jobs (retail, restaurant, etc.) will return when the quarantine is over.