The rate difference between FHA and Conventional is actually over 1% right now for Multi family propertiesCurrently the rate offered is 6.75% and 193/m in PMI (private mortgage insurance)That makes the payment with taxes and insurance roughly:$3453/monthTaxes were $3820, and insurance is $1800/yrCurrently this building can rent each 2 bed unit for up to $1800/m with tenants paying all utilities.All in cost to close is: $71,414.64If you rent both units for $1800/m you can expect gross cash flow of $147/mThis is the reality of buying a turn key duplex in the area using todays rates and prices.I want to stress, that this is actually considered a great property and deal in todays market for the areaYes, prices are high, and so area rates...My goal is to show what is actually going on.

I have about $100k available for down payment, closing costs and I'm hoping to have some left over for reserves.

interest buydown, home warranty, closing cost assistance and seller realtor can offer bonus incentive to realtor that brings buyer . another option is to rent and refinance it 

My wife and I have 4 long-term rental units and looking for a better way to manage/track expenses/income.

Hi there,I’ve recently been looking into offsetting energy costs for my multi family properties and was wondering if it’s worth the time and effort?

Putting some money down will help you reduce costs.. 

I am a big believer in configuring over customizing  to keep the maintenance and operations simple and low cost.   

AND textured for $2,000.Drywall guys like to tell you that texture costs more, but keep in mind that it actually costs them LESS to provide texture.

It's important to have enough capital for the down payment, closing costs, holding costs, and some cash to start the work.

**Time and Effort**: The buy and hold strategy is less time-intensive, allowing me to focus on managing and optimizing rental income rather than undertaking extensive renovations and refinancing processes.That being said, I am interested in trying the BRRRR method in the future.At the time of purchase, I lacked the skills and knowledge necessary to attempt the BRRRR method without exposing myself to risks I was not prepared for.Hope that answered your questions.