I'm new to multifamily investing (currently own 2 single family homes and 1 duplex).I'm looking for some direction on the market in Texas.I found a 16 unit on loopnet (http://www.loopnet.com/Listing/2501-Delano-St-Hous...) and was wondering if there were any similar types of property available since this is 1) within my budget, 2) brings in the cash on cash numbers, and 3) has the range of units I'm looking for.Is this just a rare diamond in the rough or are there more off-market properties like this?

A Realtor can help you find those hidden diamonds...

Going North I would recommend getting out to the Black Diamond meeting in Waltham as it is the best meeting going around here now. 

If you have a car and get out a little further I'd recommend the Black Diamond meeting in Waltham.  

If you haven't been to a Black Diamond REIA meeting yet you should join us at the next one in Worcester is June 16 at the Compass Tavern at 6PM if you want to meet for a coffee or something stronger and to chat about the market here send me a message and we can work something out. 

He actually presented at my Black Diamond networking group on the situation, it was so bizarre.  

You just missed the Black Diamond meeting in Waltham Tuesday which is a great one to go to (2nd meeting in Worcester too).  

Funny, I was just having this conversation with my Black Diamond partners, as we are planning on presenting on exactly this topic in October, regarding this and other "apologies". 

." - Warren Buffet Why do investors pay wholesales fees for "diamonds in the rough" when I found an already polished diamond?

It's all a funnel and if you are going to spend time analyzing deals, why not do live deals (maybe you stumble across a diamond!)?