I served my tenants 60-day notice last September. Day 59 they cry pandemic Do they need to leave at the end of the moratorium or do I need to give notice again?

I've spent all day on the phone with lenders (9am-2pm) and may have found an acquisition strategy that will work. I plan on buying 2-4plexes. According to the banks I would have to put 25% of the purchase price as a d...

They will require valid ID to close....they need to prove who is signing. 

Property is brand new so warranties, etc in place.Ok, hopefully that Would love to hear any thoughts, feedback, etc.View report*This link comes directly from our calculators, based on information input by the member who posted.View report*This link comes directly from our calculators, based on information input by the member who posted.View report*This link comes directly from our calculators, based on information input by the member who posted.

I lived through two audits both triggered by large but valid operating expenses. 

Also, 8% is a good estimate for maintenance but with new construction this should be lower for year 1 as you will have a builder warranty.

I do plan to validate with these models before buying.

Hey @Michael Johnson, great post and very valid questions. 

I don't think there is enough information to give you a valid answer.If these units are approx 750 square feet as either a 1/1 or 2/1 - I think I would pass and only take it if the asking price dropped to $600,000 - $650,000If these are bigger, approx 1000 square feet and a comfortable 2/1 - I think I would take it.These are the comps for multi's in 32205 in the past 90 days2921 Olga Pl - $390,0002878 Selma St - $325,0001419 Wolfe St - $310,0001156 Denaud St - $240,0003333 Phyllis St - $82,700

You bring some very valid points... thank you so much again!