@Sagi Trybel the answer to your question depends on your flipping strategy - single or multi family, high end trying to set a record for the neighborhood or just a quick refresh in & out, $s available, etc.  

Gotta say, when I see newer investors passing on what I have been drilling away at about seller financing, it's very refreshing to see, as in Curt's first post.Seller financing doesn't add value to real estate, nor does it make a deal out of a property just because it's offered or can be done. 

—————————————————————————————————If you need a refresher on “The 2% Rule” it is simply this:MONTHLY RENTAL INCOME / PURCHASE PRICE = X%Here are a few links:Youtube video by @Scott Trench (click here)BP article by @Ali Boone (click here)BP article by @Mark Ferguson (click here)—————————————————————————————————To start contributing toward this database, simply respond to this post with the following:(1) NEIGHBORHOOD(2) PROPERTY TYPE (single family, multi-family, etc.)(3) MONTHLY RENT(4) PURCHASE PRICE(5) RENT/PURCHASE PRICE RATIO (%)—————————————————————————————————For example, your response might look like this:(1) Midtown(2) Duplex(3) $1,800 (unit one: $800; unit two: $1,000)(4) $150,000(5) 1.2%—————————————————————————————————Hope this becomes very informative for the Omaha investing community as we start to develop our local rules of thumb.

HI AJ,It looks like it could be a good moneymaker for you.Nice roofs, nice dark parking lot.I looked at the website for it--If it were mine, I'd change those pics out for modern ones and maybe refresh the site with a new one that showcases the property better.Maybe a 3d walk around camera shot for each unit type (maybe use a local service for this.If it were mine I'd use only low VOC paint on turns, if the maintained shed has high VOC paint, I'd try to sell it to a flipper.$100,000 down on a $2M deal for a (looks like) good roof, sealed and striped parking lot, new painted multi-family seems like a steal.I like this style of apartment with the connected upstairs walkways, they seem to attract long term //forever// renter types.And a pool too...

I some places (CA or near water) we have gross rats resistant to poison. 5 gallon bucket with plank and peanut butter works but you have to keep emptying and refreshing.

It is very refreshing to see other young investors out here taking action!

The property is going to be just over a million, needs a light refresh( maybe 60k) and an ARV or 1.3-1.4. 

Thank you and it is very refreshing to see these comments.

My husband and I have been having this debate for days so it's refreshing to see we are not the only ones!

To my surprise, I noticed that they had no accent, which was a refreshing change.I've decided to onboard a data manager and a cold caller from this new company, and we have everything set to start next Monday.