I was recently told that you can choose not to use a realtor and instead of your realtor making 3% of whatever off the deal, that you would actually get that.

Purchased a multiunit - 3bd/1ba & 1bd/baCost: $490,000Down payment: $200,000Renovation Budget: $70,000Mortgage: $2100/month - 30 yr fixed @ 4%Expenses: $190/Month (Utilities, upkeep, and administration) Rental Income: $4000/month ($2400 3bd/1ba & $1600 1bd/ba)Profit: $1600-$1710 a month depending on utility costsTo keep costs down my wife and I did as much work as we could, such as painting, installing kitchen cabinets, laminate flooring, light fixtures, etc.

Purchased 125k foreclosed. 3/2 1720 sq ft in Canton, ga. budget for repairs 25k (kitchen, baths, floors, paint both interior and exterior).

In most cases, with retirement plans you have to choose between keeping the tax deferral (e.g., rolling over to a self directed IRA) or paying the taxes now (e.g., taking a taxable distribution); you usually can't have it both ways where you keep tax deferral but also get to spend the profits. 

Something to note: It's best to choose a title company that is run by an attorney, not all are.

You're unlikely to find much about doing a conventional loan because they're pretty boring :) All you need to do is call around and find out what types of rates and fees the banks around you are charging and choose one that you like.

my perusing of the municipal codes looks like you needed to pressure wash a tile roof and paint the exteriors as the main things. 

I choose to offer only on the one where the septic had not broken down yet, but it was old.As a due diligence, I decided to call around and see what it would cost me to replace the old system should it break down like the one across the street.

It seems painting gets the highest rate of return for the cost involved.

Just to be clear capex is large repairs like a replacing a roof/painting the building/unit remodels etc.