Obviously I'll be fixing anything that flat out doesn't work (hvac, furnace, water heater, etc). 

. :) I started using flat fee listings and then full price listings, pricing the properties at the max of I what I think they will sell for to landlord buyers (they pay more than rehabbers).  

In comparison, the suburban areas surrounding the city such as Jefferson Parish have largely stayed flat as far as property values go.  

If you travel a lot, might consider a PM or get a Realtor on a flat fee basis to help out when you're gone.

You could have 5 acres and 1 is flat. the rest goes off a cliff almost the topography is so hilly.

I plan on buying a 2-4 flat, rent out the best units, and live in the worst unit and renovate it.

Hi @Adam WorthNote I'm not an expert negotiator but have been doing sales for a while now and since I'm still very young I'm noticing that the results you seek out of life comes down to how well you negotiate lol from buying a car, going on a date to everything (at least my experience lol) But this in one of the reasons I truly love Real Estate there's so much information out there for your disposal that you can justify the offer your going to make regardless the amount.Since he's your neighbor don't feel like you're going to insult him because you just never know what that person is going trough in closed doors a ridiculous offer just might make his day especially if he can't financially keep up with it or it's stressing the person out.Regardless just be prepared with facts baking up the offer your making, you can do this buy talking to a Realtor to get a CMA to see what has sold and get a ARV since his home is similar to yours, since you mentioned he overpaid this tells you that he might be underwater or have no equity this gives you an opportunity to ether lease option or some type of seller financing.

Do flat fee property managers exist (I understand I would pay additional for large maintenance if the cost is above X)?

Do flat fee property managers exist (I understand I would pay additional for large maintenance if the cost is above X)?

I bought my first home back in 2013, it is a brick 2 flat in the Avondale neighborhood of Chicago.