Hi all.Looking at a 10 unit motel style building.

Gross.Apartment BuildingsNow let’s look at apartment unit supply, which I’ve been getting a LOT of incoming questions on.

I have been investing in real estate since 1987 in multi unit properties.

Hi Michelle,Is this a multi-family above 4 units?

Location: Columbus, OhioLayout: 2 side by side separate units, each 6BR/2BACurrent Use: Airbnb STRI will be inheriting the future bookings through end of April, but will then need to do some work to the roof and then decide if I want to continue with STR or go LTR (very near OSU campus so possibility of student housing). 

Our Initial plan was to renovate the lower unit, while we have the tenant upstairs and then renovate the top and live and occupy for a year-or two and then rent the top out and buy our next property.

The unit I'm looking at has a vacation rental company that manages the rental.

I am fortunate enough to have access to the VA loan and have a bit of reserves saved up for anything cosmetic needed or wanted before moving in and renting out any of the units but not enough for a substantial rehab.

And let's say median cost of producing a 3br median unit is $340k.   

Purchase price: $235,000 Cash invested: $235,000 Nice end unit. fenced back yard What made you interested in investing in this type of deal?