. :)Sorry I got on my soap box, but.......good luck. :)

Fishtown caps its New Construction Home Sales at roughly $500,000. “412 Luxe” is comprised of 32 Luxury townhomes, not condos, which you elude to.

Residential activity in all PWR areas of Los Angeles and OrangeCounties, comprised of single-family properties and townhomecondominiums.Percent changes are calculated using rounded figures.PDF Report

As many of you know, the weekly schedule is comprised of mostly 3 day work weeks, with 12 hour shifts.

If the Landlord/Seller can not or will not make the repairs necessary, the Tenant/Buyer will have the option of either voiding this agreement by written notice to the Landlord/Seller or making such repairs and a) receiving a reimbursement from the next monthly payment or payments due to the Landlord/Seller or b) receiving a credit against the purchase price plus interest at 10% per annum from date of payment.13)BINDING AGREEMENTS:The parties hereto agree that this Lease/Option comprises the entire agreement of the parties and that no other representations or agreement have been made or relied upon, and that these Lease/Option agreement shall inure to the benefit of and shall be binding upon the parties, their heirs, executors, administrators, personal representatives successors or assigns.

I suspect the agent's 17% is comprise mostly of "anticipated appreciation" and not on the business operations of the property.Before worrying about how you are going to finance this 4-plex, let's determine if you should be buying it in the first place and, if so, at what price.   

If you leave a sill, get one that is waterproof because that is where they will stack all their soap and wet washcloths. 

It was cleaned using Murphy's oil soap, causing a film on it.

(All but one using private money, hard money and creative financing)1) find the right place to network:95% of all private lenders are comprised of 3 types of people.  

Mike-Can you break down what the expenses are that comprise the 50% of rent figure that you use?