What ended up happening, almost immediately, was the entrance doors would just get propped open using rocks, sticks, anything the residents could find so they wouldn't have to go back for each subsequent guest.

Would this be a good way to get into rental property investing?

Howdy BiggerPockets Fam, I feel like I'm in a good place  to finally pull the trigger and invest in my first multi-family property.

They may be good or they may be not so good.

Good luck out there!

Too good. 

Go ahead and ask the resident tenant base if that's increased or decreased the availability of affordable housing in the last several years.

Anyone use a good, easy, and accurate tool to get comparable sales or rents in a location?

If you are looking at protecting your profit, you can have a prepayment penalty, that would be graduated, for instance, you could have a $50,000 prepay year 1, then $45,000 year 2 and so on until you get to year 10 with no pre payment penalty.Also for future reference you can get Fix and Flip loans without having to tap into the equity in your primary residence.

https://www.nancysvacationrentals.com/571130/https://www.nancysvacationrentals.com/552244/Good luck