The south Oakland market is pretty interesting, and from one city to the next, there's some fairly dramatic shifts in cost and ROI.

For decades there have been investors thinking the economic pressure on East Palo Alto would force a dramatic change.

@Richard D. but it's those very connections that make it crucial to your success versus other people and I will take your process as a model to consider while I find my groove to thisI believe once my financing is ready my traction in investing will move dramatically forward.

Your dramatic offer is not likely to have much effect on a national bank's decision to accept the offer.

That sounds dramatic; however, DOM was 5 or so at one point for a specific range of properties. 

My issue has been that when I run analyses, I would need to fairly dramatically slash the asking price to make the numbers work to get $100 cash flow per unit once both sides are being rented out in the future.

Just going to share yet another ironic observation of mine:To reply, (as the owner of a rental property) having a 3D Virtual Tour with Professional Floor Plans does many things all for the price of one media package:3D Virtual Tours can dramatically increase the efficiency of property management in many ways.For rentals, the marketing media is entirely recyclable.Unlike a home for sale, the same virtual tour, images, and floor plans can be used once a tenant moves out;remote access to information about a property without having to visit the locationtours can be tailored (with tags and image tags) to meet the needs of rental properties, including detailed information about various "hidden" facts, like circut breaker panels & details,  installed appliance details, documented feature conditions (flooring, windows, carpets, walls, lighting fixtures, etc), and more.our tours include an "On-Screen Measurement Tool" that can be used remotely to measure aspects of property elements remotely;Used as an initial step in the SHOWING process:manager can easily SHOW a currently occupied property online without the need to schedule with an existing tennant;can save the manager valuable time if the home doesn't meet the prospects' needs;gives the prospect more information about a rental than still photos;if a prospect reviews the virtual tour and is still interested, you have a more serious prospect;As-Is Property Documentation can be used as evidence in rental conflicts or litigations, especially when it comes to damaged property;We also offer Construction Snapshot Views for rehabs or new construction; the ability for a property manager or contractor to review what is behind the drywall can be critical to making repairs or modifications;Laser-Accurate Measurements, Square Footage calculations, and Professionally Drafted Floor PlansMore than sufficient evidence if you are challenged with a SqFt dispute;Floor Plans make it easier to rent a home because it makes it easier for the prospect to make a decision;As-Built Floor Plans and Measurements are invaluable to any contractor and construction project;Tours can be assembled into a Catalog, essentially giving you a portfolio of properties to present for various reasons;There are more benefits than I can imagine. 

Many times these numbers come in higher than expected which can dramatically affect the underwriting on the property.

By the way, if the government does change code my perspective on debt is going to change...rather dramatically.

Ok blew that off the top of my head but lets pencil it out and see how close I was300k all in..  30k of equity  your cash let say.270k HML  ( very few can borrow from banks for rehabs unless they are doing a 203k then that changes things dramatically) but assuming a flip for profit.. as he did not mention until later in the thread the rest of the story.. ( Paul Harvey)I am going to round off hereNow 270k  3 points  =   8k   maybe you get it done for 2 but maybe your new and its 4 points especially in your NJ market which tends to be very expensive for HMLs12% interest could be 10 could be 14..  270 X 12 = 32,400 for the year  pretty hard to do a 100k rehab start to finish plus sell and all any less than a year but could be but lets use a year.sell at 380k  6% sales costs = 22,800  but maybe your  your own agent and its only 3% but for most its 6escrow fee's to buy  2k  escrow fees to sell 2k  = 4k.Utls  say 200 a month that's a wag  for  2,400tax's I think WI is pretty high and I know NJ is  so say 10k for the year.so what do we have 300k all in23k to sell4k  fees10k taxs   2k  utls    1k  insurance 32k   interest   8k  pointsgrand total 379k..