BUT, $1,200 in the savings account is cash you have access to when the ac unit dies or you have a medical emergency.

However, as investors pivot from high-risk assets, which typically involve properties of lower quality and older construction, multi-tenant properties are experiencing the exponential effects of rising uncertainty.Specifically, since the cap rate lows of 2021, new Class A properties with strong credit and term have seen yields rise by approximately 150-200 basis points, Class B properties by 200-250 basis points, and Class C properties or those facing occupancy and geographic challenges by as much as 300 basis points.Going-in yields for the reduced volume of multi-tenant office transactions, excluding medical offices, have risen by over 200 basis points in the aggregate and are generally in the upper single-digits with pricing typically landing in the low $200s/SF territory.On a look-forward basis, debt maturities present potential challenges for 2024.

It's in the final stages of completion and will be a mid-term rental property - Pueblo has a major shortage of housing for the much needed medical professionals.

We have no debt, and a large cash savings stock-pilled (around $2M).

Kind of like how a general medical doctor probably doesn't know how to do laser eye surgery, and has no reason to.

This is due in large part to major corporations like Intel, Honda, Nationwide Children's Hospital, and Wexner Medical Center investing heavily in the region and creating numerous job opportunities. 

I bought a triplex for 49K in April I put 15K into it and I get 850, 800, and 500 on a 2b/1ba, 1b/1ba, and studio.So I purchased three units for 65K, and I slightly overpaid, If I went in with cash on my intial offer I could have saved $10K.The banks said I couldn't get 1700/mo out of the house, refused to loan money even though the appraised value was 52.5K, so I paid cash and now get $2100....None of my renters are Section 8, all are workers making 30-55k a year(two are medical doctors who are residents).FYI-invest in good exterior lighting whatever you buy here, its worth it.

The completed expansion is expected to reduce travel time from Mobile to the Eastern Shore, increasing reliability and accessibility to jobs, educational facilities, medical services and recreational activities.

It’s a really hard pill for me to swallow thinking I will be losing $21-24k in real estate agent fees. 

Never did this with an elderly person though, I imagine medical supplies, oxygen, walkers, and other needs could make this tough for someone with needs.