Hello fellow BP members, I am a sophomore majoring in civil engineering at the University of Buffalo, I'm 18 years old.

Just some old fashion hard work will be necessary.

Most 100 year old multis are setup this way in my experience in western pa

@Kyle Hyatt Welcome to the addicting real estate world, Kyle!

@Mary Gold if you sell your old property and do a 1031 exchange you must purchase at least as much investment real estate as you sell in order to defer all tax. 

Hi Nicholas, welcome to BP and the investment world.

I could buy a fully occupied quad in my area that makes 2,000 month cashflow for under a 100k today . we have to take into account this is NEW construction.. not old construction that is selling for 25 to 30% of replacement value apples and oranges.some markets like texas you can still build pretty cheap  in the 60 to 70 bucks a foot range maybe for rental grade.we are hitting 100 to 110 in pdx and 120 to 130 a foot in for really nice in Charleston.so if this quad is about 4k sq ft with 4 kitchens  8 baths I can see just build cost being close to 400k for something new.. 

I'm a 21 year old who wants to achieve financial freedom by 30.

Mostly build-up since the 1980s, so not much is very old over there. 

You should still have the old roommate's deposit on file.