By the time yup decide to split you may already be in a bad position.

@Cory Mosby That damn podcast did the short term forum way more bad than good.

@Dan Heuschele I think you are over selling how bad Logan Heights is.

Address: 8177 Garfield Ave Hunington Beach, CA 92646IF i were to buy this for 2,300,000Cap rate: 4.56Bed/ Bath: 1/1 x 8 UnitsRent: 2000 x 8 Expenses: Property Management Fees - 1000Repairs/ Maintenance - 319.14Real Estate Taxes - 2875Rental Property Insurance - 766.67Vacancy Costs - 1333.33Capital Expenditures - 960 Total monthly expenses: 7254.44Financing: Down Payment: 20% - 460000Loan Amount: 1,840000 @ 5% interest rateClosing costs: 69,000PI/Mortgage: 9877.52Cash invested: 529000Total Monthly Cashflow: -1311 = 16,000-7254-9877.52ROI: -2.57%The point of this excersise is for me to recognize bad deals.

The exemption is for protecting small multi-family homeowner's from the woes of a bad tenant and creates flexibility in finding suitable tenants, who thus, are living in close proximity to the owner.

With double deposit escrow smart contract, the deposit account is only generated between the buyer and seller, and is only controlled by them.I understand that this new technology has gotten a bad rep from criminals evading taxes and rampant speculation from others, but it's simply an unfortunate side effect of any newly emerging technology.

@Victoria S. inheriting bad tenants is part of the business in the apartment game.

Guys I need some advice. I am under contract for a 4plex. CoC (taking into account vacancy/cap ex and maintenance) is 16%. It is a class B or C. Schools are 9 and 10s.One out of the 4 units is being renovated and we w...

Originally posted by @Jaleen Anderson:@Joe VilleneuveI use Zillow  No, not your source for info...What's the criteria you are looking for to define good/bad/ugly deals?

I think you are making a great choice with Detroit area.