10-Plex pros and cons
I recently ran an analysis on a lake front 10-plex in Avon Park Fl. I live in Orlando so it is over an hour and a half away. The asking price is 250K, I can rent the 10 units for at least $650 per unit, after repairs. It needs at least 50K in repairs. Also this would be the first deal that i've done on my own. I want to know if there is anything I need to look out for.