In general, I have found everyone seems to recommend the Land Conquest free lessons and the Turning Profit podcasts.

After analyzing the potential ROI, we negotiated a fair price of $58,500, ensuring room for renovation costs and profit.

There is realized gains & profits, and UN-realized gains and profits.

Private investors want to invest in deals they believe will be profitable.

When you put that in terms of a percentage of your net profit - that is 40% of your net profit going to the PM.

@Alex Hymanson  you should read the book...Storing Up Profits. 

All of the multifamily I have looked at in my area are not profitable due to prices being much higher than rent currently.

Like I see how it could work in a perfect world but i cant wrap my head around the idea that I could be making a profit if I still don't actually own the house and still have to pay down all of the loans.

I'm managing D class properties with a property manager and am making a profit. 

Class C transitioning to Class B: more renovated homes, higher income tenants and homeowners moving in, nice cafes, shops, restaurants, coffee shops opening up.An extreme example of Class C to B is in San Francisco - when I was a kid, what was not a safe neighborhood and had lower income people, is now in high demand and tech workers making $200,000+ are living there and people walking around at night going to restaurants and shop.