4 unit on small lot looking for feedback
I currently have a 4 unit under contract that is setup as a 3 bedrooms per unit. I am getting the place for $65k and it needs around $30-$40k in repairs. Once done I should easily get $1200 per unit for a total monthly rent of $4800. The property sits on a corner and has no yard or no off street parking. The numbers are great but what are your opinions on the no yard and no off street parking. I have other properties in the area and they usually rent pretty quick. More then likely these units will have tenants with children and not having a yard might turn them off from renting at this place. There is a park directly across the street and the units are very large. Any feedback would be great.