1) Yes that info is valid2) Bid a good deal higher than someone with a conventional offer to give the seller a financial incentive to take your offer.3) Use an experienced agent who gets a lot of deals done.

These type of items become part of the premises and are expected to have a serviceable life of several years ... as such they are capitalized.There is generally plenty of grey in the middle and that is where having an experienced accountant is beneficial.

I think you should start in Skagit county, since you're an engineer I'm assuming you're good at math, and you have experience working a trade.

The deal makes sense for my COC and $/door minimum criteria, but as i've listened to more experienced people on the podcast, i'm wondering if i need to add a criteria for annual profit to be >$5000 per property because it seems like that may cover potential disasters/capex problems that occur without wiping out property profits for multiple years.

We both work full time in IT so a systematic process for rent collection, issue/maintenance log and tracking will be helpful.Any advice on experienced diy landlords ?

We’ve experienced a tremendous amount of appreciation here in the north Texas market.

Hello All (Experienced Multifamily investors in particular) I am a buy and hold single family investor (so far) on a scale up mode, I am close to buying small multifamily in Chicago suburbs, I have a couple of deals under consideration. 

One thing that may be worth considering is taking an experienced investor or two out for lunch in your area and tell them your situation and then ask them for feedback in where things went wrong and what they would have done in your situation.  

If you're not experienced with rehab work etc, this might be a steep learning curve for you.

Has anyone else experienced this or does anyone have knowledge of what happened with mortgage rates yesterday?