Challenges?

Challenges?

The SFR is 100% occupied or 100% vacant, hence the scale of MF can be very appealing (although small multi's are still very challenging). 

I would challenge you to negotiate to get a better deal and not overpay for the cashflow. 

Yea, it seemed like a no-brainer to me, but of course, throughout the course of this much more ambitious addition, a small amount of self doubt has crept in as challenges have arisen and cash continues to dwindle at an alarming rate. 

Presumably the tenant can be required to carry renter's insurance on top of this, to cover malicious damages or their kid trying the outlet challenge and burning down the building... 

(Make sure occasional vacancy is part of your cash flow calculation.) 

Challenges?

Challenges?

Thank you for reminding of possible challenges in owning  B/C class MF properties in tier three markets.