I think my local area is actually good, because I see lots of properties (granted, they are manufactured homes for the most part) that will instantly create positive cash flow.

Also I'm not sure if their data is always up to date, or if there's a way for those sites to email you instantly when there's a new listing or a status change.

I was waiting for multiple instant welcoming responses to my newbie post.

Originally posted by Nathan Emmert:Area they're in... age... amenities.Donald Trump new = ADonald Trump Old or Middle Class New = BBlue Collar = CGhetto = DWell, by this matrix I guess I consider mine a C-. :)One thing on the cash out refi, your cash flow would be less.

My main worry for you is if you don't keep an eye on the tanks level you can run out and suck air into the lines which is an instant service call that will cost a hundred dollars or more.

Dion,On that note, if you are instantly approved by a lender and you have been previously declined because the deal is tough, this is another reason for instant suspicion.

We just recently placed our first offer on muti-family dwelling that has been converted into a 31-unit rooming house.

When I will in a unit I instantly know how much it will take to get that unit rent ready.This is key as rehab could be from 1,000 to 15,000 per unit depending on various factors.

Similarly - any knowledgeable property inspectors in westchester that specializes in multi residency dwellings that you recommend?

I buy for 2 reasons cash flow and an instant spread I can sell and make money on if i decided to.