Offering a maybe 10% discount will help grease the wheels and the cost is small.

If you buy for $110k you can finance $88k if you come out of pocket for the $22k down payment plus closing costs. 

If you don't, it can cost you everything!

While the borrowing costs are higher, I’m exploring strategies where the returns could offset this.

These costs would eat into your profits.The case for sellingEven at $125/month, your cash flow is slim, and any unexpected expenses could turn this property into a liability rather than an asset.

Housing prices are high, mortgage rates are high, and competition is fierce so revenue is way downIt’s one thing if you bought a while back like many of us did, so your cost basis is much lower.

., to 2.5x or 2.75x) since tenants won’t have additional out-of-pocket utility costs.

Additionally, the cost to create a business here is not as inexpensive as the United States, in some cases it can cost thousands of dollars to setup. 

Even if it was $100k, 32 units would cost $3.2mm to build.  

Vendors who partner with Costco pay for market exposure and referrals, which often adds to the final cost passed on to the customer.