@Andrew ElmasriBelow market rents - get the rent roll from the broker/seller and compare it to rentometer.com and your study of the market rent for that property and locationOvergrown or not maintained landscaping - easy to spotDeferred maintenance on the exterior facade - easy to spotNo online presence or marketing (word of mouth or signage only) - google search for the property...see if vacant (or not vacant) units are marketed (usually on hotpads, trulia, zillow, web site, and many other sites where landlords market.  

I currently work a full time job in IT, take night classes 8 hours a week, and do web development on the side (which will hopefully wrap up in the next month or two).

But there are roofers that will work during the winter and you can put cement under a hood with a huge heater to cure it, but it isn't optimal.  

I realize that if I take a full year out of work and rollover during that year then the taxes would be less but what is the optimal strategy.

yeah i agree with stephen l, you don't need a lawyer to file for LLC here in the red stick, i had to send $100 filing fee to have paperwork registered with sec of state web address to file online is sos.la.gov just type it just like that, i also had my bank file for my EIN when i applied for a line of credit application just have to talk to your local bank that you deal with real nice and they will work with you, the 1 i deal with is capital 1!

Hi Blair, I feel your pain there is nothing out there on the web with efficient quad designs.However I have 3 newer 4 plexes that I want to use the design from, but adding a bedroom and bath. 

Does anyone know of a web site that shows what rentals rates and other stats on homes and multi family for area of a city or region?

I can see a ton on the web, but don't know if there is something that generally stands out in the real estate community as a cut above. 

Working with web and app developers to create best-in-class management tools that drive down costs, streamline processes, and attract and engage millenial customers.

So, like a home, this is the optimal time to do a cash out refinance and get investors back a large part of their investment.