I find most don't know how many pennies on every dollar earned they are paying in taxes, including Fed, State, Local, NIIT, Medicare Surtax, Medicare Tax, SS Tax. 

The tenants are paying 150 dollars less per month then an average 2 bed 1 bath apartment rents out.

Wholesalers, driving for dollars, zillow and redfin, propwire, are all great resources for finding deals.I am a loan originator on the DSCR and Hard money side.

I am giving him a good deal on it, so the rent will only be a few hundred dollars.

Prices have increased significantly in my market in the past 18 months with savvy sellers now expecting top dollar for their terribly maintained properties.

Of course your/my mileage may vary - but this seems such a standard thing to do, I can not imagine it's worth thousand dollars of contract rocket science.  

I’ve been driving for dollars in hoping to do some direct mail here soon to possibly find a deal that way where I can use my HELOC only for the purchase and still have some of it leftover for repairs.

If you could say it cost a thousand dollars per meter you might have a point, but water, gas, and electric meters are all well under $100 each!

Plus reducing capital gains You want the seller to extend multi-year credit for tens of thousands of dollars to someone whom professional lenders won't touch.

I guess what I am saying is don't let a few thousand dollars at the front of the deal get in the way of the reward you will reap at the end of the deal.