@Katie DeskinsIf you are trying to extract equity, a HELOC might be the cheapest and easiest way. 

It all depends on what the agent can extract from the owner.

As long as you are clear with your strategy and the price you'll pay, you're able to extract value regardless of whether it's before or after repairs.Good luck to you!

I examine the email contents to extract pertinent information in regards to the property.

I am a real-estate rookie and looking for ideas to extract the maximum value out of my investment. 

A tenant is a tenant and requires about the same amount of effort whether the rent is $500 or $1500.Its also much easier to extract $100 in true cash flow out of $1500 in rent than it is to get that same $100 out of $500 in rent.Keep in mind that $100 assumes 100% financing.

You have to figure out if the dirt has more value than the business to see which way extracts the most money.Business brokers do not necessarily understand the dirt value so make sure whoever you are using knows both sides of it.

Parking: Garage of length.Building 1 ( I guess building 2,3,4 is the same and they were all built equal time )Year built: 1992Foundation: CrawlspaceFrame: WoodFloors: WoodExterior: WoodRoofing: Concrete tilesWindow type: 3-glassVentilation: Mechanical supply and extract with heat recoveryWater / Waste: Private water, deep drilled well., Onsite wastewater treatment, 3-chamberHeating: Exhaust air heat pump and fireplace in each apartmentCommunications: Good bus connections.Environment / Nature: Lakeside!.

My goal for 2013 is to continue building my portfolio, both individually and along with my business partners, and ideally acquire our first multifamily property in 2013 or 2014.My day "job" is running an internet marketing company I founded with said business partners mentioned above.I look forward to meeting and engaging with you guys instead of just extracting knowledge selfishly.

These people's goal is to extract what little cash you have in exchange for a dream.