The overhead is high though, so considering selling as it really just breaks even at the end of the day.

But the way I see it is that, in general, someone who is new to the business and is looking to break in and grow will have barriers that can likely drive them out of REI.If it were up to me, I would just let the market dictate the rents and it will find equilibrium on its own.

And if they're smart they can maybe get a tax break for it, if they can show a loss on paper.

Mortgage Guarantee Fee: this is why the acquisition fee is lower, they break it up.

You’ve got a good base, but turning it into a break-even or profitable investment requires more intentional planning.

You could hear breaking glass and things falling out of the ceiling ( HVAC stuff ).

I found some of my properties early on were break even or some months negative.

Once you have lost your leverage, you become vulnerable which can make or break a deal.

I am curious how other people buy multiunits for owner occupied, since everybody will face the same problem that want to live in one unit and need to break a lease BEFORE the closing.Thanks for the help

@Jay Hurst thank you so much for breaking this down.