QUOTE (JordanRich @ Nov 6 2008, 08:05 PM) I`m looking at a nice 4 plex, but the property is vacant right now any advice?
usually you can buy it far cheaper .. and you can set rents to market immediately .. with or without upgrades !
Ask yourself though: why is it empty ? is it the town / city it is located in? is it the immediate neighborhood (drugs ?), is it the property (water damage ? mold ? structural problems ? roof caving in ? leaks ? plugged toilets ?), or just the previous owner ?