Because a 4 - plex is still residential, Income / Expense statements and rent rolls are not standard on
small multifamily properties - many sellers
do not have them ready - but you can definitely ask for copies of the current leases and proof of recent rent payments.
While I
do still have a bunch of student debt, my plan is to buy a
small multifamily property in the Jersey City or Newark area (Since I work in Newark) and live in one while I start collecting rent and growing equity.