The investor purchased the asset with the intention of renovating the units and adding value by increasing rents.South Shore remains to be one of the most undervalued neighborhoods in the City of Chicago relative to employment, average house hold income, occupancy levels and rents.

Their is a property in Oxford, a few miles from the campus, that is at 50% occupancy and has gone through bankruptcies.

It's been owned by the same individual for 16 years and he's been able to maintain full occupancy the entire time.

The reality is RE is hard its not for everyone and like many other occupations some do very well some trundle along and others fail.. there is always room for all three

Account Closed Thank you for your service.As long as you have meet the FHA loan occupancy requirement (which you have), you can use your VA benefit to buy an another property as long as you will occupy it.

. $750/30 does indeed equal $25, but you are in essence charging them double occupancy for each day late, and I can't see any court finding that reasonable.

If they get the 5 day notice on the 5th and don't pay, then you can file the eviction immediately and there wouldn't be anything they can do to prevent you from getting occupancy.  

I have clients that are getting great owner occupant (high LTV, no PMI) from places like Key Bank and Mountain America.  

They were an owner occupant.

On the multis is that current cash flow with cutrent occupancy or projected cash flow once rented?