While home prices are low, rentals are in demand, and our local contacts (hotel owner and realtor) tell us there is high unmet demand for rentals, and tell us there would be no problem finding good tenants.

I go, to work out the deposit remainder, as its been 21 days (so by law need to return that) and low and behold, she is back in there saying the painter needed help!!!!!!!!

It's super affordable, but I didn't chose there because things sit on market for awhile and low rents...it's still pretty rural.

Also paid for was furniture for two Airbnb rooms, roughly $1600.Lucky for me we had a hail storm and I was able to get the siding replaced for $1200 deductible.PITI: $1230Water, sewer, trash: $150Internet: $90Gas: $80-100Electric: $70Rent from upstairs unit: $1100Rent from roommate in lower unit: $450Rent from Airbnb room in lower unit: $600My rents were low for Northeast Minneapolis because of the condition of the exterior of the home when I rented it and giving my roommate a great deal.

The applicant had a spotty credit report, and her income-to-debt ration was very low.

developer did quite well.we are the little guys most of our neighbors have Jets and or a multi million dollar car collection.its where the money crowd hangs out to wrench on their toys.

Also sold some that way, too.The best rate I get is 6% and I have excellent credit, references and larger down payments.  4% is just too low.

The only way to know is put in your low offer.  

The law has kept those property taxes artificially low, regardless of how much their true real estate value increased over the past 10 years. 

Run your cash flow numbers over the next few years and see how long it takes you to hit 20% in equity (don't forget transaction costs), and there is your target date for the refinance.A 4-plex is considered a residential loan vs. a commercial loan for your 40-unit, which are structured very different and won't have as many low/no money down options.Sounds like a great opportunity!