Introduction person:Staff and zoning commission recommended denial31 notices mailed 1 in favour 5 in oppositionAlfred:I would like to have favour on this property. 40K in renovations to bring up to the city ordinance.

My guess is the cost to bring a suit and attempt to collect(difficult) will exceed the cost to repairWhat proof do you have that the Broker was aware of the issue ? 

Unlike you, I'm interested in multifamily rental properties, but if you ever want to connect to discuss each other's strategies and what we could bring to the table together, please PM me. 

@Michael Gustavo google will bring up lots of people search sites.

I've been wondering the same, and have also wondered what benefits the section 8 tenant may bring?

Where did you go to bring the deals?

@Joanne Malseed Most realtors understand that they need to bring you a deal in order for them to benefit by getting a commission.

That means you're paying $42k in cash and financing $108k, which will bring down your COC return and mean your tenants are paying off less of your investment, which is one of the primary benefits of leverage.Generally speaking, I would say this may be a red flag, but that depends a lot on how the provider handles it.

cheaper than bringing in a partner.

Like @Shawn Kostoff mentioned you do have a bigger buyer pool with 3 than 2, but that also brings more wear and tear.