Small multi-family (2-4 units) buy & hold investment.
The inherited long term tenants decided to leave the property because as the new owner I expected the rent to actually be paid on time (or at least close to it). Their previous landlord is someone who they ran roughshod over. I employed a Professional Property manager that really knows what to do and the inherited tenants voluntarily decided to leave the duplex (in bad shape). The duplex ended up needing a lot of work, yet even after rehab costs the duplex actually meets the 4% rule and it's in a "C" neighborhood.
That's awesome Brian! Great find!
Way to go Brian!!
Nice looking house, thanks for sharing @Brian Garlington !
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