The buyer is getting it marked up for the seller to profit, might be too high a price to get any cash flow for the buyer.

I have been looking at multi family homes for a bit now and some concerns I have between 2s, 3s, and 4s is the net profit.A duplex for 129k rents for 800/unit, profits ~$215-300/monthTriplex for 129k @ 650/unit profits ~$390-543/monthQuad for 129k @ 600/unit profits ~$615-860/monthSo I guess the question is why do people buy duplexes or tris?

If you were to list the property to sell it, almost all of your profit would be wiped out.

Here is my analysis, your tax rate seems... higha 30 year mortgage increases your door profits to 105.47/117.51I would not take it.

Can these expenses be deducted from profits we have from other rental properties we own?

We considered renting out the garage as is to the family renting the home on the attached lot, but decided that long term the garage space would be more profitable as apartments.

There is really nothing to analyze or check.You've got a nice profit shown, don't know if that's accurate, how did you arrive at the ARV, and is that an assumed sale price?

Good point Sam, but with just a little more effort many of those hand-up folk could probably skip the MH and move into a conventional home, lots of non-profit housing entities and low/mod income programs.

Cash flowing deals are easier to find in tough areas, but it takes a special type of landlord to profit in such areas.

The reason i ask is I am in a similar situation where I could sell for a small profit $2-3k, or refinance pay off my partner and cashflow $350/mth as a rental, all the while gaining appreciation(ideally).