I hear apartment buildings and some people think duplex,tri-plex,quad.I define it as 5 or more units for commercial purposes that will use the income approach as compared to the comparable sales approach and commercial financing versus traditional lending.Each size of building and units will have various things to analyze.You first need to define how much money you have to actually get started and that will determine to an extent what size you start out with among many other factors.

As Dave said, first you need to determine if any local ordinances were violated.

Sale:The interior of the property will be staged for sale.I will be taking care of the marketing/sale of the property and I have a team of people that can help determine a proper sale price.

When searching for comparables to determine an after repaired value on a property, how close are they from your subject property?

Ignoring everything else, if your property is a 2/1.5, you cannot use 3/2 or even 2/2 comps to determine a value.

How do you determine a fair market value of his home before I meet up with him?

Tax planning involves some thinking prior to acting - in this case, the sale is the event that triggered gains that then trigger taxes; so before the sale, you should have consulted CPA / tax planner to determine options to minimize tax impact.Of course, since you say you were flipping, a 1031 exchange never was an option.

I really appreciate the effort you went to, to determine your rio.

These come and go, but as of late, I've seen a huge increase on the internet that are scammers based in Europe.

The internet is such a great resource for research that I cannot really see the benefits of using a loan agent.