@Keith Nixon welcome to the site.

Hi Ricky, First off, great last name! 

Thanks Ricky for the website.

@Joe CummingsRick H.Joe,, Rick is absolutely correct in the 80's I owned a HML company in Oakland CA we had about 50 million under management.. and made great money and we had absolutely none of our own money in any deals..

Thanks,Rick  Hi Rick,I would start by looking at what areas have multis (in the size you are looking for) have been sold recently for $300k and under.

Originally posted by @Ricky Davis:Wilson, just read all the different views on this.

Assuming we use "fixed" in terms of repaired, not set-via-regulations as done in WWII and Nixon. 

Rick I like your question, I use it myself because too many investors will ask would you consider or some such question and change the ideas that the seller already had which if left untouched may have been the expressway to a deal and now you have given him something to think about and now he has another thing to mull over and he starts to wonder about what other options exist.

@Ricky Barela the process to convert any property will be challenging if it's the first property you ever rehab.  

@Nick Pries, Ricky Carruth on YouTube has generated his entire sales business from cold calls.