Garages are nice (I'm married to a major car guy) - but future income is probably better in this case.

For me, one of the best spots in St Paul for a new investor is Payne-Phalen: still many sub-200k duplexes (albeit old ones), nice community, and the Payne commercial corridor with awesome businesses such as Toung in Cheek, Caydence coffee, etc.

That would still be a very nice return over the long long term, despite a few years upfront of fronting a bit of negative cash flow.Also, another consideration is that any increase in rents caused by inflation can push these from $0 cash flow to positive cash flow.

But for just saying "Hey Joe meet Sally, I think she might have something you might be interested in", I think if they bought you a beer or a lunch after they struck a deal, that'd be a nice gesture and about all I would expect if it were me.  

@Megan Phillips: Thanks, and nice going on your first property!

You have more than enough votes to sell all the units to a single investor and everyone can cash out for a nice profit.

I happen to live in a growing very aggressive market so was just wondering how much weight to put in the “grading”Joe

Even if I know the home is going to need repairs.

If I remember correctly, areas around San Antonio had some nice price to rent ratio.

You can get a nice house with low vacancy for around $60,000 sometimes even lower. and those can rent out for $600 to $700 dollars.