(Two: Just because you have the down payment for let's say, a quadruplex, that doesn't mean you'll be able to afford the monthly payment.

It’s one thing to have a lot of late payers but gangs, drugs, felons could make a good book but could seriously damage your health.

My biggest concern is with affording the down payment combined with any closing costs or fees that come along the way.I've been speaking to a few different loan officers, and the consensus seems to be that conventional loan programs for a duplex property type require at least 15% down. 

I look at life and set my goals in 4 main areas: family/relationships, financial, health, and spiritual (not necessarily in that order).

It just never made sense to me to spend money that wasn't mine for stuff that I couldn't afford. 

Second, they expect the new owner can better afford the hike.

Make sure you have this on the top of your checklist prior to doing the deal.Regarding property management: I confess that I don't know anyone who successfully hired a reliable and affordable property management company. 

They can tell you what you can afford (purchase price). 

One exception to your thought process many times in those areas that decay like that Commercial LEAVES and the nice NEW shopping gets built where there are nice new homes and incomes that can afford to shop.. what a lot of these areas is left with is the corner liquor store .. you know the ones that have Bullitt proof windows and sell cigarettes' one at a time.. 

Did a deep dive of multiple scenarios for Oleatha and know the key is raising rents to $700/unit664/3/20219:20 AM9:35 AMSubmitted bid requests and called two tree services to inspect the large tree in back of Oleatha for health.