(a) where the development consists of one ormoremultiunitbuildings but not houses, the preliminary agreement for sale and purchase, or the agreement for sale and purchase, is the single agreement for sale and purchase under which all the residential properties in a[...] ...
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While you can rent out some or all of a single-family home, multi-family homes have other distinct characteristics. Some started out as large single-family homes that an owner or developer decided to divide into multiple units. Each unit in a multi-family home has its own address, its own...
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Say you want to grow your real estate portfolio by 10 units. With single-family rental properties, you’d have to find 10 separate houses. That’s 10 different sellers, 10 different inspections, and potentially 10 different mortgages. Purchase a 10-unit apartment building, however, and just ...