We have multiple properties rented to students living in different rooms.

Ask the manager to explain their process for dealing with maintenance, late rent, evictions, turnover, etc.

I have rented it out on furnish finder and Airbnb.

It's a good location for lifestyle buyer but, again, you're part lifestyle so it could work for you.5.

The rate difference between FHA and Conventional is actually over 1% right now for Multi family propertiesCurrently the rate offered is 6.75% and 193/m in PMI (private mortgage insurance)That makes the payment with taxes and insurance roughly:$3453/monthTaxes were $3820, and insurance is $1800/yrCurrently this building can rent each 2 bed unit for up to $1800/m with tenants paying all utilities.All in cost to close is: $71,414.64If you rent both units for $1800/m you can expect gross cash flow of $147/mThis is the reality of buying a turn key duplex in the area using todays rates and prices.I want to stress, that this is actually considered a great property and deal in todays market for the areaYes, prices are high, and so area rates...My goal is to show what is actually going on.

Where in ABQ were you looking for your search and which neighborhood was this MF located?

Rent does come in on time every month tho. 

Looking for input in this 4 unit building that I’m looking to buy in east Garfield Park, are there here anyone with properties in this location.

Then, market on “rent by room” websites.

Ultimately we decided to completely replace and revamp both the entire carwash tunnel equipment and also completely remodel the customer lobby are. reversed the staircase to allow for a separate entrance to access the upstairs office space to rent out separate from the washWhat was the outcome?