Looking for a Duplex - Fourplex near Downtown Nashville

[Alexander Berger]

My friend KJ is moving to Nashville this fall for a PhD program at Vanderbilt and I am looking for a Duplex or Fourplex that we can buy together. He would live in one unit and manage the others. Any help locating a deal or recommending local agents, lenders, or investors who might be willing to offer advice would be greatly appreciated!

Basic Criteria
2-4 Units
Less than $175k per unit
Less than 25 minute drive to Vanderbilt
Built 1970 or newer
Light rehab needed would be a plus (nothing structural)

Additionally, any feedback or advice on whether these criteria are attainable in the current market would be great! We are just at the beginning of our search process and I've only bought single family in California before.

[Joseph High]

@Alexander Berger

I would say that you might be able to find a property. In my opinion, an important question is what is your definition of "light rehab"? For each person it will be different. Currently I am house hacking a property that just needed moderate cosmetic work (hardware, lots of spackle, and landscaping) , but it still takes more time than you would think, especially if it's your first attempt.