Let me try to condense this for you.

I'm a hvac/r contractor here in CA. that's a pretty decent price. assuming that you are getting a whole new unit. and not just a condensing unit that sits outside in the back of the house. is this a package (one that  sits on the top of roof) or a split system.

The more condensed and urban area is north of the river and the about-to-be-gentrified area is south of the river (where this property is located).

My approach right now is very broad trying to keep my options open but I should condense my search and focus on specific things. thanks for the help!

Hi Kyle,I have similar goals to you, just starting as a REI, going head first into multi-family and looking to learn as much as I possibly can in a condensed manner.

It looks as though the rental prices are all over the place even when condensing the search area and assuming same amenities.

Income Salon : 19,732.00 Income Apartments 12,300.00 ( 3 rented ) range from 300 to 425total income 32032.00expenses : utilities 6369.00 garbage 600.00 supplies 1800.00 tele 1000.00 taxes 4200.00 insur 5000.00 mntge & cleaning 2640.00 ------------------------------------ total expense 21609.00property is 75K , roof over 20 years old, one additional apartment not rented needs 6-10K rehab. ( was never rented more like a large storage area which can be made into a 1bed, 1 bath) air condenser in salon new last year, plumbing, electrical all as old as property 40+ years, has termites 5K for removalIt now has 11K net profitmy feelings is if I get the utilities (water, elec, tele ) paid by tennants and salon. that would be additional 7K in income. rehab the additional apartment to generate 4K, treat termite infestation11K + 7K + 4K = 22K net What range would you be a buyer in ?

If you are dealing with a conventional loan product, or a portfolio lender, you may run into issues since most of those lenders will want to order their own appraisal.In the case where the lender, not the broker, and I don't think brokers order appraisals much anymore, ordered the appraisal, it is at the underwriter's discretion if they want to release the appraisal, and to honest, an UW doesn't care about saving you any money.Again, I'm a little out of touch when it comes to residential lending, but I did a little checking into this issue, and from my digging around, this is the condensed version of the info I read.As far as your broker not telling you who they're dealing with, that's an issue between you two.

@Nicole Heasley Most of the courses come with weekly zoom meetings, 1 on 1 time, and allows for a condensed networking family.

When that vapor comes in contact with a cooler surface, then condensation can occur.