Looking at a 2 fam semi attached in NYC near Yankee Stadium good shape Sq ft 4,167 plus a two car garage.

In any semi-remotely attractive area around Boston you are pay 300K minimum for a 2 family that might fetch 1500-1800 a unit.

This will be my first big purchase and it's a bit quirky so I'd be interested to get some outside opinions.The properties I will be purchasing are 3 semi connected row houses which I will be managing for cashflow.

@Patrick: Yes, with some work you should be able to find a property worth flipping but that's the (semi-)easy part.

*Note: These numbers are just semi-educated guesses.

All trim in my flips gets Sherwin Williams "Creamy" in semi-gloss.

I am semi-new to the real estate investing world.

1) ALWAYS get a detailed application. 2) Ask for references - landlord, personal and work related 3) Have THEM provide a current credit report - in my state that is legal - this way you create at least a "semi weeding-out" process right there.

I live in a semi-rural area outside a medium-sized city, and I see a parcel for sale that would be great for a chain restaurant (a sit-down place).

And I thought maybe there was a semi simple math equation.