I did everything else.......the legwork to find the property, I purchased it, I used my crew and subs to do all of the necessary work, I got it on the market and sold it.The split was 50/50, and sometimes slim or even a loss.Think about how this scenario would work for you.

Hey Kevin,I was representing an investor that was purchasing a quad in Gainesville last year when a storm came through. 

Purchase price: $190,000 Sale price: $250,000 Contributors: Peter Vekselman Partner Driven, in partnership with Seth Choate, purchased a home on E Ingram Street in Stockton, CA, for $190,000 on 09/30/2018.

Thank you all for the information. 

I am currently looking to purchase duplex or quadplex but it seems like its not a easy thing to do in my area since there arnt many on the market.

Continue exploring various strategies to optimize your purchasing power and minimize upfront costs.Using an FHA or VA loan for MFH acquisition can indeed be advantageous, offering lower down payments and favorable terms.

I have checked with the City to ensure that if I were to purchase property, I would still be allowed to operate as a park and expand. 

You will be surprised how often that will get you more information...often critical information.Second, if at all possible, try to get on the phone with the landlord prior to the current landlord. 

We collect all the necessary deal information upfront to give you the most accurate quote possible so nothing changes after the loan submission for underwriting to start.

I'm almost at 3K+ for that and now the agent is informing me that the seller will be ready with all the requirements for closing on the 14 of August.