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Eric Carbrey
  • Wichita, KS
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To jump or not to jump.

Eric Carbrey
  • Wichita, KS
Posted Feb 25 2015, 16:11

There is a fourplex for sale in my city that started at $149k I have talked him down to $140.

I am very interested in the unit. Here are some hang up I have. Right now the tenets are in a program that get homeless people off the street. Guaranteed rent to be paid by the city, and they have a case worker that visits the units once a week to check on things. Would you do this?

Rent is $474/m

expenses $418/m per previous owner.

Whats is your opinion BiggerPockets? 

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