@Jacob Wohlgemuth well 4.5 acres could be a couple million in the right location or it could be a couple grand.

@Aditya SomaSide-by-side / side-by-each / townhouse duplexes and triplexes lend themselves to fewer noise (footfall) complaints than over-under / stacked  properties as Christian pointed out.Another point to consider is that side-by-side, common wall properties are more likely to have been purpose built as a multifamily property in contrast to over-under units which are frequently the result of conversions - which has been the fate of many grand old Second Empire, Queen Anne, and Victorian houses down here on the East Coast.Purpose-built duplexes and triplexes are apt to have better sound and fire barriers between units (taking the age of the building into consideration) than some conversion done 75-yrs ago before there were any *real* building codes.

I have sourced several Grand Slam deals in my 5 years simply by out thinking and being smarter and more educated than sellers who have just wanted to be done with a property.

Fifty-some grand?

btw:  Net Worth is a ho-hum number that you can add to $1.95 at Starbucks and get a cup of coffee. 

Then a grand total, that would give me a number that I am "losing" by the property being under market till the individual leases run out. 

There are not the ones to be concerned with in the overall grand scehme of thing.

v=4Toj8iHt-u8You hit a grand slam on your first deal.

It is all about knowing what is selling and who is buying.If nice houses are selling for a couple grand and there are for sale signs on every couple of houses as you go down every street you will probably not be able to get anything cheap enough to get a spread.If there isn't great inventory and the ones that sold that cheap are fully gut rehabs (While yours is at least livable) and there are solid rents you might be able to do great.

Just wondering cause I see many be 1/2 grand usually for lists or more then I see a simple call to your local  know where to call company.