The homes here are very affordable too, which makes it a nice entry-level market.

Get a piece of corner bead (go thin since you are overlapping the upper area, so the paper with embedded metal would be good option).

I dont think I have the infrastructure to buy fixer uppers...

As we work through the due diligence models, I'm trying to gauge the level of interest out there for investors who would consider purchase of a new construction 4plex.

No one knows your stress level you can handle or want to handle but you.

Immediately rented at a premium due to the high level of finish and location.

I'm personally looking for fixer uppers that I can rehab and have built in equity into.

Upper/Lower ~ 1,000 sq fot per floor, plus basement storage/laundry and a large garage.moved into the lower Aug1.20% down, on effectively $125K... appraised then for $140K, more now (appreciation plus repairs)Bank gets* $728/mo  Upper tenant pays $755 (still well below market) ( insurance of ~ $59/mo and water $25/mo not escrowed)* i was paying $1000/mo all-in at my 1br ~ 550 sq foot apartment  rent/garage rent/insurance/utilities etc..**2**While i was under escrow on #1 my father had passed away.

You see, contractors have a precise mathematical formula on how they charge, and if you think a contractor’s fee is based on their level of expertise, the scope of the job, cost of materials, and or other factors that would make sense, well then, you’d be totally wrong on any one of those instances.Contractors have their method of pricing, and it’s all about you!

We were looking to invest in fixer uppers to build cash reserves How did you find this deal and how did you negotiate it?