Source: On market. Worked with investor-friendly realtor. Purchased in 2023 for $275,000.

Financing: Conventional. 20% down. Loan amount $220,000. 7.85% interest. Monthly mortgage - $1,840.74.

Improvements: Full renovation. Electrical, Plumbing and HVAC updated. Efficiencies were reconfigured to accommodate newly installed kitchenettes, new flooring, lighting, and bathroom remodels in all units. New exterior siding, paint, and windows installed. Grading completed for parking improvements.

Phase II: Electronic gate and parking pavement will be added. Exterior seating and entertainment features will be added.

Strategy: Buy & Hold.

Due diligence: Full inspection.

Outcome: Mid-term rental for traveling professionals. Minimum 30-day rental agreement.