We network with other fix & flippers teaching them how to properly structure a seller financed note so that it has value on the secondary market, we then buy a partial from them to take out most, if not all, of their cost basis so they can recapitalize and go do another deal. 

The bigger concern I would have is low pressure due to blocked pipes, especially to the bathrooms.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

However, looks like there is a harsh line as far as what locals can afford and if you go over that, vacancy is high.Watertown, NY- I’ve seen many great multi-family properties in the low to mid 100s.

She says that if she turns the flow low though the water does start to get warmer but it never turns hot.

While under contract, we perform due diligence and there will be some soft costs incurred. 

However, at $105 per SF seems very low.

Low entry and breakeven deals +- some cashflow.

Most sellers are going to want 20-25% down as it’s going to cost them 10% to sell.

I have a confession: my only duplex, which I gave owned now for 2 years and recently moved out of from a house hack, has proven to cost me more to maintain/pay taxes/repair/fix etc to the point where my cash flow is close to zero.