Lot easier to maintain when you don't have to drive hour to get to the units(especially in this weather).

Rents don't appear to increase that much to make up the price difference.

FHA is also easier on past collections , less down on lower credit scores, and the loan is assumable to qualified borrowers.

First, make sure the property was converted to a triplex legally - i.e. all permits were pulled and there are three separate electric meters.Providing the property is fully occupied and the renters are all paying and current it should make it easier to wholesale the property to a landlord.

I've done my best to start calculating the numbers for properties I'm looking at in my spare time, but I don't feel comfortable making a deal when so many deals appear to be bad on paper.

Interesting how "staus quo" can be preserved up the point that its easier to live in a lala land than to make any changes ... bureaucracy - a cancer of any society.Based on what you guys wrote drooping down from 7 to 4 should not be at least a zoning problem good to knowThanks again

You can't collect money from someone that doesn't have it and if your on month to month you can kick a bad tenant out easier.

CA appears to be one of the more restrictive. ;-{   So check this out too!

I found it easier to do this with small, local banks.

It appears to be working in his favor.