The chances are those tenants wont appreciate it, thus you have to do just the bare basics.

There's a lot of information here...I've barely scratched the surface myself.  

The unit is only a 3 min. walk to the red line train station and I'm wondering if the numbers for the 02124 zip code make sense... bare in mind Boston is insanely expensive right now.

I know that a lot of appreciation plays barely break even on cashflow or are sometimes even negative at first. 

What happens if the real estate agent can't sell for what you want and lowers the price to the point where you barely make any profit?

@Clay Owens I think there were a more of us that barely missed the bullet than got hit - and there seems to be a lot that were impacted!

My credit union quoted at exactly 8% of the purchase price not even the loan amount..granted with an FHA theres barely a difference but still....i think i'm going to reach back out to my credit union and get another quote.

No offense to my SFR and small multifamily wholesale and flipper friends but it’s barely scalable, and neither passive nor residual.

If this were my property & I wanted him to stay I would: - Explain the rising costs from the purchase (adjusted property taxes) is barely making ends meet on the unit. - Tell him you’d like to work out an agreement so he can stay since he’s been such a good tenant, but that you need to cover your expenses on the unit. - Stop paying for lawn care to save the $60 which is the amount of the tax increase.

Afterwords, you need to pay taxes and left with barely anything.