Unless you think you can bump rents or find a way to reduce other expenses, you are paying $100K to get several years of unpaid practice at landlording.  

This would give each tenant their own "zone" and a thermostat.If it's forced air heat, then it's possible to set up zones but not financially practical.

Hello BP Community! I have recently closed on not just my first, but second multifamily property purchase within the last two weeks! These properties are being treated as out of state investments, and i have hired loc...

It's practically a rebuild. 70's house that hasn't been touched since the 70's and needs foundation and structural repair.

Cash flow is great too but still have to look at the local regulations.

This could be something that's completely case by case, but I was curious if there might be some official regulations or whatever.

The inspector may ask you to open up a few sample walls to check inside for proper work practices.  

In other words, firms get experience because all the do are oddball cases or they do enough vanilla cases that, statistically, the oddball cases come up.And, no offense, but the kid of a lawyer doesn't have the working knowledge of a law firm's business practices. 

Regulations forced banks to dump properties during the GR, which drove much of the huge price crash.

The pricing of these loans used to be 1-2% higher than a Fannie Mae loan, however the regulators for Fannie and Freddie put additional restrictions on Non-Owner occupied loans which caused the rates to increase, so there is close to no difference in the rates as of right now.