Got an offer to purchase today for 185k for all 3 based on the math.

Great idea based on a year round secret that most never even realize is a cash flow opportunity.

I would encourage you to get the existing tenant on a new lease that clearly spells out either the base rent + repayment plan, or better yet, the new base rent that should get you to market-based rent.

Bought for $210k and recently appraised for $795k.As I’m based in Boston, MA, I would love to invest in other rehab/flips, MFHs, and/or STRs.

Larger door counts usually take a bit longer to market, seller's are often open to seller carried terms or even assumable notes due to a low cost base, or local credit unions can usually offer attractive small lender terms and services.   

Long-term, I would go with Section 8 just based on my experiences.Hope this helps!

Additionally, if you invest in a market that is experiencing rapid expansion in the economic base (like Columbus, Ohio), you'll be able to refi and get into commercial much more rapidly.

We installed a temperature sensor on the furnace and noiseaware on a property.

I know you're asking about whether it makes sense buying it at $850k and you're basing the calculations in the spreadsheet on that being the purchase price.

I'm a real estate broker and investor based in St.