Happy to share the pros and cons we've experienced over the years.Not sure how much capital you're looking to deploy, but it sounds like it's maybe possible you could potentially get into the small multifamily space. 

You can send me a direct message to my account and I'll get back to you promptly.

Why do you think purchase contracts are so long and have such small print?

@Sarah Meade you definitely don't need to have a business to buy a small multiunit, especially if you plan to use a low-down payment loan.

In some market areas that is large and in others that is small.

Let me know if you have any other questions, and please feel free to reach out to me directly.

Why do you think purchase contracts are so long and have such small print?

Do you end up dealing directly with the state or whomever is giving funding?

In small college town with high rental demandAsk price 745kGross rent: 9750/mth 177k/yr     (differed maint properties with potential 200/mth per unit increase once renovated) estimated reno (190k across portfolio)NOI: 91,475/yr   (12.6 CAP)    (includes tax, ins, listed maint for past yr)     After reno NOI 127,475/yr   (14.6 CAP) Deal info:    - Owner finance 745k 20yr at 6% 20k down minus deposits (~13k)Cashflow  = 2100mth     (self-managed) (self maint similar to the previous owner)By this alone, 2100 cash flow added per month, it will put me at my financial freedom number of monthly cashflow is equal or greater than my families spending amount.

Will the new bedroom door be directly off of the living room or other common area?