If you know that a 2BR single family rental averages $1000/month in your market and someone tells you they have a good deal for you on one for $175k how much time are you going to spend analyzing it?

Yes, your month to month cash-flow might now add up fast but neither does a single CD account at a bank add up enough to lend out for a loan. 2.

Purchase price: $62,000 Single family BRRRR.

I have only done single family so far and this will be the beginning of residential multi family.

Right now I want to invest in a multifamily or single home family and buy and hold it.

For our next play we want to get into a single or multi-family, and preferably participate in what seems like a booming market in Florida. 

Here in Colorado, we create a lot of non-conforming duplexes out of traditional single-family homes.

Through the program I can buy a single family up to a 4plex with a $300k Max purchase price.

If they live at a single family house, you can try to drive by and check front and backyard also.

We get free leads every single day on auto-pilot.Also, you are not looking for distressed properties.You are looking for motivated sellers.