Purchase price: $230,000 Cash invested: $55,000 Sale price: $376,000 Split level homes seemed to seek us out ever since The Modern Split Flip, but we'd never done a dutch colonial style home before!

TODAY a lady calls me, telling me she wants to buy the inspection from me because she is buying the house.

A lady I was prospecting was complaining that she was being evicted at the end of her month to month lease in spite of the fact she had been paying rent--the landlord has dollar signs in his eyes and wants to sell high. 

Is it worth sticking it out and building more units to basically flip the neighborhood with all new modern construction?

Investment Info:

Small multi-family (2-4 units) other investment.

Purchase price: $1

Cash invested: $1

Have torn down the existing 598 sq ft SFR, and will develop a 2 unit project. The front house ...

Example:The house across the street from me belonged to an old lady who shared it with her drug addicted son.

@Wilson Lee,We had a nearly identical situation, a 2bd, 1 bath SFH, originally just an older lady and her brother (2 people).. but then.. she moved in her daughter, and her 3 kids, so now a total of SIX ( 6 )  people using ONE toilet! 

Unlike a lot of popular cash flow markets, it has a growing population, growing jobs (pre COVID) and a modern, diverse economy.

Twice to total losers and another time to a lady that was in a terrible spot and was not going to leave unless I helped her do the right thing. 

(One of the accounts had a pic of some old lady).