But for the purposes of this explanation let's say you're my client and this is your first deal with me. 

Price : $100,000,  4126 Laverne St, Oklahoma City, OK 73135, seems like good condition throughout.  3Bed/1Bath750sqftSchools are mostly 2/10Average rent for the zipcode is $950What do you guys think about this deal?

Again if you have a large portfolio ignore this comment.

#McCormickI have some Youtube videos (link in my profile) that will help with some of your questions and I'd be happy to have a call to help walk you through the market and what you should consider when looking here.

This MEDIAN rent is defined by HUD to be FAIR MARKET RENT, FMR. 

This year, I’ll be sharing tips, insights, and lesser-known strategies to help you turn your housing allowance into an asset.

Hi Brian, everyone on this thread has great input!

Feel free to let me know and I will be happy to share the link. 

@Jonathan LudizacaFrom a lender's perspective, starting in 1-4 units gives you experience and many more lenders will be open to first time flippers in this space versus multifamily. 

Thank you @Jaycee Greene and @Hossein DaneshIn sum:- 42 apartment rental deal (land has potential to add 32 more on  two small building but that phase would be out of scope for this initial stage analysis).- Negotiated sales price $3.2 (seller financed)- 30% DP @ 7% / 20rs.