So quality over quantity, keep cash reserves.

Given that your 4plex MF property falls under this range, it aligns with the current zoning.However, to determine if you can build up to 9 units on the property, there are a few things to consider:Existing Structure & Occupancy: If you already have a 4plex on the property, then you'll need to see if there's sufficient land and infrastructure to accommodate an additional 5 units without violating other zoning requirements, such as setbacks, parking, and green space.Infrastructure and Utilities: Even if you can physically fit 9 units, you'll need to ensure that utilities (like water, sewage, and electricity) can handle the increased capacity.Other Restrictions: There might be other local regulations, covenants, or restrictions that could limit the number of units or the type of construction you can do.Parking & Accessibility: Increasing the number of units might also come with the requirement for additional parking or other accessibility features.Approval & Permits: Just because a property is zoned for a certain number of units doesn't mean you can automatically build up to that number.

b) Is one sufficient?

(I have taken it back 3x DILO over 10 years so the bldg owes me nothing.)I assumed ownership after the 'auction' failed to entice any buyers, but the foreclosure amount was sufficiently Inflated with expenses etc above MV.

You must have sufficient reserves to survive in the REI business.

The point of a 3x the rent requirement is so that even if there is an emergency, the tenant will still have sufficient funds to make rent.

The home should be fully rehabbed. 2) Have sufficient reserves. 3) Vet the property managers.

With sufficient due diligence and careful projections based on booking history for similar properties, there are always opportunities.

You obviously know your stuff and lend them legitimately by debating them with their desultory and incoherent talking points.I'm pretty sure these guys lost their capital investing in Beanie Babies in the 90's and have yet to recover from that financial hit.Stevie, it's a shame that the quality of your posts isn't better considering the low quantity.

Thank you all in advance, and for bearing with my newbness, i'm sure some of these questions are answered somewhere here, and I will continue reading, but the sheer quantity of information is a bit overwhelming.