Now it takes a lot more money, there's more competition, and your investment will earn less of a return.I bought 33 units and 135 storage units in six years, and they earn me over $150,000 net per year.

I actually had to get enough units where I could offer tenants multiple housing options when I purchased properties rented at way under market rates and then (an embarassing number of times) personally watch tenants that would "suffer" from a rent increase turn down smaller (but nicer places) or  nicer places in a less prestigious zip code (sometimes only minutes away) before I realized that I was hampering my ability to earn a living in order to subsidize the lifestyle choices made by a some random stranger that happened to live in a property I bought.

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

There has been a lot of interest since I released the ad but people coming for the showings are hugely turned off by the condition of the unit.

Many people tend to start with house hacking where you buy a single family property or 1-4 unit property and live in one unit and rent out the other units or rooms if buying a single family home.

You have Non/QM - Bank statement program, if you want to buy an investment home you can use DSCR.If you need to streth income buying a 2-4 unit can help stretch your income by using the rents to qualify. 

Tenant reached out, sharing that her landscaper pointed out that the concrete slab/foundation where the well water system and AC units sit are "deteriorating."

Hey guys I am investing in Dallas Forth-Worth & Tampa area Long term rentals and I’m doing section 8 also , I am getting property with hard money loan , remodel them, and  then re fi them for 30 years , I put around 45-65K for each property I have 4 properties that cash flowing $300, $500, $1000, $250 per month I wanted to get into Multi Family - 4 plex, 6 plex and up even 8-12 units as first deal.  

Also wondering if LTV rate would change if we occupied one unit?

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