Unit A is about 100 years old and Unit B is almost completely new.Pros:-The duplex is in a very desirable neighborhood with home value appreciation year over year at about 50+%-Rent is also in high demand within this area-Cash flows well even with high interest rates and increasing property taxes-Home is price below average cost per sq ft-The house has been renovated and some parts of it has been remodeledCons:-All issues are with Unit A, the 100 year old unit.

Just has an extra step for the MM fund.If there are Treasuries involved, is the interest exempt from state and federal taxes?

My opinion is that the higher end stays will remain healthy because those guests have more disposable income while the lower budget stays will take more of a hit.

@Seo Hui Han,You certainly can 1031 exchange from your current commercial into a multifamily; no technical issues there.To speak generally, multifamily properties tend to have more stable cash flow but lower income potentials than commercial.

I am committed to immersing myself in order to gain the knowledge needed to successfully secure and begin operating my first income producing property by end of 2024!

That’s less than 4% before insurance, taxes, repairs, vacancy and so on.

I track everything at the "buy" on a spreadsheet as far as income, expenses, CoC return, ROI and have another spreadsheet to estimate and track all rehab costs.

A conventional loan proving you income along with the subject property income.

Hello all, I acquired a property remotely thru the online tax lien sale in Lake county Gary IN last spring and successfully redeemed it. 

We are taking advantage of two new tax saving opportunities that require some additional research and paperwork on our end.