Either way your slice it the equity is there to make this a great investment with plenty of options. 

That's a losing proposition no matter how you slice it.

And it's a small pie and I don't want a smaller slice by others coming into the field ;-)

It'd make a 1031 kind of a pain and slightly more complex, you'd probably want to do a reverse...Any way you slice it, it's going to be a lot of work and if you're not of an investor mind........ it's probably not worth the time.

Can you slice by the ZIP and property type?

I've never heard of a developer selling direct, they want the assurances of the synidactors in admin. and slice them.

I know that's a large slice off the top, but I would rather be conservative (and these numbers may not be all that conservative anyway).Lastly, have you used any of the online resources for evaluating the rent?

Brandon Belanger welcome to the best thing since sliced bread!

We then finished the formal offer paperwork and I then got to go see what I was buying.It is the middle slice of a three unit property.

Or maybe you can't afford a huge turn key house in a good school district, but you could afford a small fixer in an decent district in the suburbs with a bit longer commute ... any way you slice it, the truth of the matter is that somewhere, somehow, compromises & sacrifices will need to be made in order to get you where you want to go, and only you can decide where and which sacrifices to make.Be wary of any person that tells you or method that looks like it requires no sacrifices ... that usually means you are missing some crucial information and/or there is some serious risk you are not seeing; there is no such thing as a free lunch, if it seems too good to be true, and so on and so forth.