Hi Biggerpockets Team,I am renovating my house and studio unit and am in need of good cabinets and counter tops.So far I have talked to a few vendors that deal with custom to RTA style kitchen cabinets and they are either way too expensive or the quality was sub-par for a primary residence.I also looked at a couple of countertop vendors and quartz counter tops are expensive!

But I offered $200 cash for keys and they are voluntarily gone leaving the property in a clean condition today.

We pay a monthly fee (about $300) to the condo association for upkeep of all the common grounds, roof repairs, maintenance of the parking lot (was recently resurfaced), pressure cleaning of the outside.

And if you present a great team, clean underwriting and a clear business plan you will be amazed at how much these banks will be willing to negotiate to get your business. 

Otherwise you will have lesser quality tenants. 

Low rent usually means low quality tenants.

The seller *may* be able to file bankruptcy, stop the foreclosure, clean out a lot of debt and still sell the house to you.

@Calvin Lipscomb what you should expect to see is a nice, clean PDF breakdown of material and labor costs for the job, broken down into phases and rooms.

My husband and I are wanting to get a multi-family and are thinking a great way to get my brother involved is the following: My brother would get an FHA loan for a triplex or 4-plex in FloridaI would put the 3.5% down payment as a co-borrowerMy brother and his fiancé would live in one of the units for a few years rent free so they can save money for a houseMy brother would manage the property by showing units, cleaning them when someone moves out, and as much maintenance as he can handle on his ownI would handle the finances paying the mortgage using the cash flow and keep the profits since my brother is living rent freeMy brother would move out eventually (2 or 3 years later) and we would refinance into a regular mortgage so that he can get another FHA loanWe would begin splitting all profits 50/50 once he moves outMy question is, has anyone reading this done this before?

Or are investors settling for a "nicer" location with decent rents and quality tenants rather than a purely cash-flow vantage point.Even if the Holyoke market is seeing rents in the $1200-1300/month range; is this a worthwhile justification to paying a premium on these smaller multi-families?