Duplex Tampa purchased 2017

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Investment Info:

Small multi-family (2-4 units) buy & hold investment in Lutz.

Purchase price: $122,500

Duplex fully rented,

What made you interested in investing in this type of deal?

I really like duplexes and concrete block buildings, especially in Florida

How did you find this deal and how did you negotiate it?

Found through realtor.com and we negotiated through our agent in Tampa

How did you finance this deal?

Conventional loan, through a mortgage broker

Lessons learned? Challenges?

The PM did a lousy and expensive job cleaning up one of the units after one of them vacated shortly after purchasing. I know now in the future to always be there for estimates.