I'd be interested to know how you derived your estimates: pulled comps, rehab costs, ARV, sell price, potential profit for you, etcAlso, you mentioned this lead came through from direct mail.

I'm considering buying a 4plex, but I came across the evaluation problem as this still counts a residential property, yet very little quads are being sold to derive a reliable number.Any ideas?

Even if you don't want to go through a marketplace where you'd get a competitively-derived offer, ask the PM you plan on working with if they do outright rentals.

From there a real AS IS value can be derived.  

In the stock market / derivatives world, an option typically looses 1/3 of its time value during the first half of its life and the other 2/3 during the second half ... until it becomes 0 at expiration.We also know that real-estate prices have been increasing at a rate of 5%/annum in our market over the past 5-years, so theoretically, our house would be worth $110,000.00 come January 31, 2018.  

Most answers can be derived from their.

How is the net worth of $56,500 derived?!?

Consequently, I'm having trouble understanding where the seller is deriving the extra $20.00 per sq/ft of value.It could be that he/she is simply starting the bidding high - fair enough, but Im not prepared to bid anywhere near his asking price.

Any buyer would then be obligated to sell if the option were exercised.Any option has two parts, a "financial" side and a "real" side, the financial side is derived from the value of the real estate.

The question is: do landlords have to issue 1099s since technically income derived is passive in nature (i.e. not an active trade or business)?