By Value, I mean that Projected Sales Price - Cost of rehab - purchase price leaves a reasonable amount of profit to make it worth it.On Auction.com, I participate in Auctions every week where I have physically gone to properties, tracked down previous owners, done all kinds of analysis to get an understanding what the rehab cost may look like. 

Thanks for the kind words! 

What kind of advice are you looking for?

Hi All,For those of you with experience rehabbing distressed properties, and also self managing multiple units, I'm curious what kinds of things you've done to build your network of contractors/handymen. 

I'm curious what kind of treatment I'll get when I give a single property to a PM. 

Kind of like buyers I have for commercial real estate.

With that kind of money you can buy close to 10 single family homes and make over $2,500/mo in net cash flow!

I would appreciated if one of expert had this kind of experience.Thank you

You want to be ready to jump when the right property comes along, because multi-units of any kind, much less in your price range, aren't coming up all the time.Good luck!

Maybe a breakfast once per month and sharing leads.