Recently looked at an off market deal that had surface mold on the banisters.

If your doing a cash purchase then on the surface it does not seem to small.

On the surface, it's an acronym for after-repaired or market value.

On the surface, it’s looking like a solid deal.

It's all a function of the value-add. 6 Cap is not a cash flow proposition on the surface unless you can get it up to 8 or 9. 

Remember that surface preparation is the most important part of a quality paint job.

I prefer having the air space under the metal, the strapping helps to level out the uneven surface and the metal is more securely held down with strapping.

The bank total charges would be 238k120k at closing 30 fixed at 5.827%The seller financing is a much better deal on the surface, im just worried about losing out on some protections I might get with the bank. 

Because granite and other solid surface options are out of our budget and not necessarily needed in this neighborhood, would you install a nice laminate or real butcher block countertops?

Then again he might already be renting them at $900 for all I know or even doing it as a section-8.So, my back-of-the-napkin approach says it's probably worth $300k to $350k at $3250 rents but since I've barely even scratched the surface on multifamily valuations and not even sure on the rents I'm terrified I'm wrong.My cap at auction would probably be $250k.