I saw this for sell by owner on Craig's List.

It's like selling pizza by the slice!

If they support a rent increase, you could look into raising your rents by that amount to offset the cost.

Originally posted by @David Smith:@Melanie Hartmann, hi I am considering looking at some multifamily properties in Cumberland, would appreciate a chat some time to pick your brains about property managers etc. if you don’t mind.

I've recently started and am eager to learn.I'm reaching out because I'm looking for guidance on finding reliable note sellers, partnerships with experienced note investors, advice on navigating loan modifications, etc.Specifically, I'm facing challenges with "accurately valuing non-performing notes, understanding the legal complexities of note transactions.I'm particularly interested in connecting with individuals who have experience in due diligence, negotiation, legal aspects of note investing.I believe that by collaborating and sharing knowledge, we can all benefit.

This sounds like it could be a good deal for the partners, and perhaps the bank, but a terribly risky deal for you, with little upside.What exactly do you mean by, “There will be a promissory note drafted for the amount and the duration and interest rates”?

@Tobi Isaacs this would be better answered by other investors in your market. 

In Spain, this is usually seen more as a barrier as people rather would invest in individual units (less purchase capacity needed), but by rethinking the setup up it matches the criteria of a multi-family deal.

@Dustin Sanders Unfortunately, I will be shocked if you find this.  20% down is hanging on by a thread based on where rates are at and the general anxiety over declining real estate values.  20% down is the minimum I'm seeing. 

F/f values properties with less than 5 units via comps regardless of the approach used by others.