After seven months, I took another leap and purchased a single-family home, which I also converted into a short-term rental.

Investment Info:Small multi-family (2-4 units) private money loan investment.

Currently I have the ability to purchase a single family residence for a price that won't cash flow unless I add an in-law suit of sorts.

Petersburg FL) with the "low income" I'm making (around $4,200 per month) at my job, it's proving difficult to find a multi family property that I can afford with month to month tenants or with 1 vacant unit.

Since you work out of town you can recruit people to drive around for you give him a piece of the deal or family members can help you for.

Hi All,  I have a single family home that has been a long term rental I am weighing thoughts of cashing out vs renting it again as tenants vacate end of this month.  

Investment Info:Large multi-family (5+ units) commercial investment investment.

I grew up in South Florida and have spent the last year reviewing the market for a multi family buy so I’ll share some thoughts.  

There's so much important info you can learn about neighborhoods (and individual properties) that simply cannot be conveyed by peoples' opinions, photos, or even video.As with all parts of due diligence: although you can (and should) seek the input of experienced pros, at the end of the day, the due diligence buck stops with you.Good luck out there!

I have a tenant that keeps the front door to my 3 family investment property open all the time.