I’ve used 0% for a year credit cards to buy houses several times (just did one last month-lol).

Electric water heaters last longer, but cost more to run.They don't build them like they used to.

The area around the properties have really grown over the last 20 years, and has been cleaned up quite a bit.

Then all of a sudden last week, 3 great deals came on!

While I do not believe we have seen the last of the foreclosures, as I recently heard that 60% of multifamily bridge loans nationwide are not paying their mortgage, I am skeptical on whether or not we will see a massive fire sale of multifamily properties.

I have had clients that did not know this house was vacant 4 months caught fire burnt to the ground .. first thing the adjuster does is interview the neighbors and ask when was the last time anyone was living there.. so same thing here with the freeze you need builders risk / vacant home rider  in these situations. 

We started the journey last year Sept 2023.The deal closed mid November, after a 2 months journey to find the perfect property (price/Cash Flow/appreciate) and closed on it.Made her aware the holidays isn't the time for renters to move, however, once W2 taxes were issued in January 2024 she would get a tenant.She is officially a landlord!

But I think, like many people found out during COVID, if you just buy a tract home that looks generic in a generic area, you will get generic returns, which based on my friends and other commenters here seems to range from small loss each month to modest gain. 

This wont be our last site in this town.

Finally I'd pay a professional tub reglazer 200-250 to reglaze the tub white and maybe have him also reglaze the entire surround while he is at it to cover up the cracks and imperfections. most reglazing jobs by guys who know what they are doing last 3-5 years.