Since you do have 60 acres I feel like you could probably build way more units if you go through a rezone process.

Let them go.... with the stipulation that you can start advertising and showing the unit ASAP- they make sure the unit is in good condition and kept clean during the process.When people need/want to leave, they will..... the lease wont stop them.

Who knows but we do know larger banks are more interested in wealth management than they are in 30 year low interest loans.Back in the olden days there were no loans for small investors and if you had over 4 units you were considered commercial and that was the end.

I'm getting up to $1,500 on 2 bedroom/2.5 bathroom unit to give you an idea.

I’m looking to scale up my portfolio this year by 1031 exchanging or plain selling my single unit portfolio for a multifamily 10+ units. 

Investment Info:Small multi-family (2-4 units) buy & hold investment.

My ideal scenario involves acquiring a 2-4 unit property or a single-family home with an ADU, enabling me to leverage rental income to qualify for a larger mortgage.

Something I want to do, is a potential BRRRR on an SFR or 2-4 unit in the Midwest.

I always establish this expecation up front, they pay on time and treat my unit right and I address issues in a timely manner and treat them with respect.

Do we have to give the tenant the names of vendors or all people who we're at the unit giving estimates or doing the clean out?