Not only does BP have free informative forums for you to learn and comment on, it also has free online courses, guides, and success stories from other real estate investors!

Then they do a quick conversion to condos in two years and raises the property value.Such buyers are most likely buying on emotions because they are purely looking for a nice home to live (not cash flow), possibly buying in that location because of proximity to family or about to start a family, etc; so they will pay top dollar.  

I am currently looking in Gwinnett county for a quad - they are really going quick!

They like to see at least $100/unit minimum, and would prefer to see closer to $200/unit if possible when they do this quick litmus test of whether something is a good deal or not.With your numbers above it would seem that taking the 50% of your $319 and then dividing it by the three units, you'd end up with about $53/unit/month in cash flow.  

It all depends on how much the seller wants and how quickly they want it. 

It requires you being quick to respond when things come up with a property under contract.

@Mike McCarthy @Shaun PalmerThanks guys, I appreciate the quick response.  

The Ultimate Beginner's Guide is a great place to start on here.

You're in the right place if you're interested in learning.Check out the Ultimate Beginners Guide under the Education Tab and check out the Podcasts.  

I want to start taking action quickly so that I don't become one of those who "never get started."