Portland you might triple or quadruple that.

And tripled in value over 3 years.....

These guys charge double to triple what the prices should be.Good luck with that one though.

So if they agreed to pay your your asking price in full in 15 years, and then still owe you triple your asking price, that would be a decent deal.

They may call the big ad in the phone book that charges triple what the 'little guy' could have fixed something for.All the best!

And by the way, since I knew and trusted them, I was fortunate to just about triple my money in a very short period of time, due to following their research and lead.Good Luck :)

For example, if you invest in triple net leases with the tenant is responsible for everything (maintenance, taxes, insurance, etc.) it can be very easy to manage.

sorry to revive this old thread but i just came across your post and wanted to let you know how much i appreciate the specific and thorough overview and insights. i'm in boston, but my dad lives in new port richey. i've been looking for some type of small (2-4 unit) multifamily situation in the st. pete area. i'd like to use it to facilitate more frequent visits to hang out with him and escape from up here periodically while having at least one unit generating year-round rental income. i have no qualms about taking on fixer-uppers and i am in agreement with you about doing the work right the first time, even if that means spending a bit more money and/or time to do so. i recently stumbled across a few properties that seems intriguing, to say the least. was considering flying down to check them out but then i realized it's school vacation week so fares are triple what they are next week. i would love your perspective on them ; it's definitely a unique situation and while i do love a challenge  it's difficult to assess exactly what kind of challenges to expect in this case. your post here was a very helpful little push towards the direction of starting to see this whole thing taking actual shape as an actionable plan, so whether i hear from you eventually or not i will remain appreciative forever :D thanks!!

I am in the Berkeley this weekend... what you need to realize is that NOTHING that you would think is standard in Livermore ( IE SF BAY AREA) will be standard out in the mid west.. at least as it relates to 90% of what these folks talk about in the way of cash flow rentals.. its apples and oranges.. your in a triple A market not even A.. and when you read on BP about no appliances etc. those are C D some think B  but its not a California B most of the homes and the RENTERS would  be a CA F plane and simple.. no way for you to rationalize what you would have in Livermore and what is standard in the mid west...

So I am targeting specifically triple net properties and larger apartment buildings because they are what I focus on day in and day out for my clients.I have a full time research analyst doing nothing but building my mailing list and research from scratch that is local to me.