I just feel like something must be wrong for it to be such a great deal.10 unit ranch style apartment building (6) units 1bd/1ba (4)units 2bd/1baAsking price $155,0001bd rents for $300 2bd for $400 - Total $3400/mo$155,000 X 2% = $3,100$3,400/2 = $1,700$155,000 at 5% over 30yrs = $832/mo paymentprofit = $868/mo Owner will finance.

Everybody had their style, but I'd decline them (probably).

Does it have the same style stairway?

OK, so at this point I'm a newbie.My orientation is to want to put together deals that are a "win" for everybody involved.

Long story short, you don't need exact comps, but you want them to be relatively close in terms of age, condition, size, style, etc.

I briefly considered it last year and went to the landlord orientation meeting.

While I invest in multi families I have developed a certain style of 2 family or even mother daughter single family that I find works really well...I Strongly prefer the 2 family that has a bigger apt on first fl.

Actually, it would still be a comp if similar in size and bedrooms and baths and style.

Erin Dumonski,I plan on being at the next CTreia meeting, on Monday, October 15, 2012I always wear Eyeglasses, a Baseball style hat, Jeans, and a Sweatshirt.See you then,Raymond

The home is : -Ranch Style -1786 sqft -Year: 1978 -3b/2bth -Has ARV of $90,000 -Rents fron $1,025-$1,200 Nice area in Northwest Houston, TXYour suggestions are appreciated.