Most people can’t see value in bare property.

A real estate pro is spending their time in real property business.

Quote from @Matthew Kwan: Indeed, you can definitely househack in a multifamily by living one unit and renting out the other vacant units.

Purchase price: $350,000 Cash invested: $74,000 Purchased this 28 unit RV & Boat Storage facility in Missouri. 2023 construction - 100% occupancy at purchase.

I do my own due diligence and call all reference numbers, past landlords, and do an in person interview.

The third option would be to parcel it out in steps.

You could pull some cash out to do the renovations and then refinance on the ARV once its done in 6 months and take out more cash to buy another investment home or rent that one out and buy a New primary home.If you have any questions on the steps or the process feel free to reach out or send me an email. 

We're looking at a strategy focused on BRRRR (looking at good markets in SE US like Birmingham, AL), and large land wholesaling. 

This property has double the price value in 2 years.

There are a few items I have no idea about, I'm hoping someone here has some experience in the field and can provide a ball park means of estimate 3 costs:1.