Ridgeview was acquired from 'mom & pop' owners and will go through an awesome value-add strategy by renovating the interior units, adding amenities, billing back utilities to tenants, and implementing a professional property management company to improve inefficiencies.

You can utilize several options. 

Finally I've done several house hack deals recently utilizing a 5% down conventional ARM loan to purchase a 3 unit as well as a 4 unit property.Starting locally by house hacking is a safer investment than going out of state.

I've seen teachers, firemen, software engineers and all sorts of people utilize both strategies successfully.

The Income approach will utilize a gross rent multiplier, versus an income capitalization approach (cap rate) approach used in commercial.But back to Dave's question: are there really no other duplex to fourplex in the area?  

Prices on everything is pretty crazy right now, but 100k+ seems expensive.I can imagine how you could get there but it would probably be utility driven (Water, Sewer, power).

I am looking at creating a space that helps define the digital opportunities that exist in the blockchain space.    

The price of the loan, utilities, insurance, and maybe half a year of property taxes or so.

The good news is claiming income allows you to claim expenses, which means a portion of the house, utilities, etc. can become an expense. https://www.nolo.com/legal-enc...

Has anyone utilized Verdant or Carson for HVAC and/or electronic door controls?