Price will likely state similar level.  

Back again in my pursuit of learning how to analyze deals in Indianapolis. This one, upon first blush, really seemed to fall in line with the idea of BRRRR. The neighborhood *seems* great actually, prices in the area ...

This is the first Fannie Mae financing.The RatiosI am wanting to build a fourplex and then refinance to own as an investor and even own one as owner occupied.If I understand it correctly - it works like this....1) New fourplex monthly income and expenses projected by appraiser Rents of $1500 each unit Taxes at $1060.00 Insurance at $120.002) My gross monyhly before tax income $8500Less my debts (credit cards, loans, cars etc) for first level.

I think it's fun to meet fellow investors around the same level of experience!

I’ve renovated the house from top to bottom, removing walls relocating bathrooms etc. and last year I sold off the extra lot which was now on a new road and 1031 exchanged it for a fixer-upper in Nashville Tennessee, repaired it and that is now rented out.  

I'm eager to learn the business and will do what it takes to be successful.Basically, I'm looking for an entry-level position that will give me the opportunity to learn as well as to add value to someone's company. 

I’m also a bit worried about a market correction (and spending $700k on a fixer upper and finding myself in the middle of a correction!)

The key is finding a fixer upper and renovating to current tenant tastes. 

And it gives a range and median, so if your unit is particularly remodeled and nice you can use the upper end of that range as an estimate, or if your unit is particularly small or a little rough around the edges you can use the lower end of that range to estimate market rent for that unit.MLS could be useful too because you can view the non-active (presumably rented) listings as opposed to the active ones, but you'll need to network with a licensed agent who has MLS access in that market and have them run those numbers for you.

My husband went to Upper Limit Aviation@ SUU and it was quite a bit more.