And we will raise rent over time as well.

The plan is to come in and improve the NOI over the next 12-24 months then implement a strategic cash out refinance and move to long term permanent agency debt.

I am concerned about damage and noise of course thank you.

Being that this property will be out of state (I live in NYC, property will be purchased in Ohio), I am hoping this should alleviate any concerns of me moving into the property haha!

I also like multifamily as a great way to invest and love the economy of scale MF has over single.

Originally, you had a loan of $355,000 with a current balance of $310,000 at a fixed 3.5% APR over 30 years.

The one I just sold was grandfathered into free super charging so I never paid when I went over land out of state etc.I need the 4 runner for fishing trips back into the boonies.PS I was going to buy a cybertruck but I needed it in Dec for the write off I did not get an opportunity to buy it till feb. 

Budget returns and repair costs depend on several factors (all of which change over time). 

Talk to Kris over at Anderson Agency. (812) 887-0443‬We use him for all of our insurance needs.

By having only one partner you'll have better control over the asset.