Scenario: You are working on a deal with a major credit Grocery Tenant on a space that has been vacant for 4 years now.

I think the spread is pretty tight so I would negotiate harder or keep hunting.

I’m replacing window units with mini splits in a 6-unit apartment building where there is no space for HVAC ducking.

In my area on-market there are some SFH with good investment potential but they require rehab, which is a more sophisticated play than what investors usually want to mess with for the SFH space. 

A multi zone mini split system would be easy to retrofit into a brick house, it is also a super efficient way to cool and heat.Older brick homes are also good candidates for a “space pack” system, with ultra slim flexible duct work.

The main living with is a 3/2, the basement 1/1 and separated garage space 1/1.

I received an investor summary from a very reputable, perhaps "slightly conservative" operator in the MF space.

Two of the nicest things you can do to any home are 1) open up the space, take down or put a pass-through in the kitchen wall 2) Get a new stone countertop and appliances for the kitchen, maybe a trick sink and under-cabinet lighting?

Purchase price: $165,500 Cash invested: $38,000 This is a 10-unit mobile home park with space for 3-4 more mobile homes.

The hardest part was keeping timelines tight and not getting behind when subs are not completing work on time.