HI, i'm Robert lalum,i'm 51, no retirement and live payday to payday, i work about 50 to 60 hrs a week as a heavy equipment mechanic, and shop manager.

Hey All - I have been shopping around with lenders and wanted to get some others' opinions on this. 

 I may or may not have a down payment,  but the building I would like to purchase will be a great investment and profitable, I would like to make this building into a upscale rooming house with a beauty salon and coffee shop on the first floor, with at least 8 to 10 rooms,  the building has a parking lot,  price  is $175,000, but I am estimating the rehab to be about  $150,000 and to furnish it another  $150,000, is there anyone that can give me some advice on this project,  a contractor will be letting me know how much it will cost to rehab and the owner is willing to negotiate the price 

pick locations near schools, shopping, parkslook for blue collar neighborhoods invest up in family amenities; laundry lockable storageshun pools, saunas, barbecuesSo with these guidelines, I can market and buy MFUs which fit my plan and management style.YOUR THOUGHTS?

We opted for a SFR in Lynnwood, which is just 19 miles north of Seattle :) Good schools, good shopping, and just nicer homes in general.

I am currently shopping around for loan terms on conventional financing.

I ran into multiples while shopping for a place for my son recently.  

Love to talk shop and happy to help where I can.

My must haves are:  walking distance to train, buses and shopping.  

We keep a close eye on the other expenses including shopping for insurance each year.3.