If the rate is reasonable then it may make sense to try to save fast to get to the 3.5% down payment on a double or triple - househacking may allow you to increase your savings rate and pay down that loan even faster.As for estimating costs, closing in NY factor at least 1% of the mortgage amount for tax, plus $1500-2000 for lawyer, title and fees, then the amount required by the bank for escrow will depend on the actual property taxes and insurance.

Just go through them, select the renovated/closely matching ones, and enter them into a model.Here's my fix & flip model, you can see the comps entered and some quick stats below them: Then I use that comp data to adjust the Sale Price in the model to what I estimate it will be (double check the resale $/sf is in-line with the comps), then adjust the purchase price until I hit my desired return level. 

Thank for your help Connect with a great property manager or use one of the free online tools to estimate rents.

Yes, estimated about $30-35K in repairs and negotiated that into the purchase price as best as I could. 

Reno and house appreciated quite significantly 400k to 550k estimated. 

If you're looking for rent estimates for MTR, there is a great tool called Pricelabs.

Our property management company wants to sell 3 apartment blocks for us approximate value 2m maybe slightly more, can we ask them to accept 4% sales commission?

It’s a good move to have a contractor walk through before making an offer to estimate costs and timeline. 

I'm getting a contractor/ structural engineer to come by and help me draw estimates and understand how serious these issues are.

If yes then what should his/her credentials should be and "approximate" cost?