I’ve not had a chance to research the percentage of households that were renting at the end of the recession as compared to before to see if there might be a potential benefit to having rental property in a period of time when people are not buying homes.Good luck with the first property!!

If you still are still undecided after considering those factors, I would compare both markets.

I do think you have an idea worth exploring, but I wouldn't be surprised if there is some potential customers turned off by the look/feel of the industrial containers as opposed to traditional building so it may limit your customer base some.

Here are my numbers:$82k PP and CC$60k renovation (fully permitted)$3k holding and misc$145k all in$200k ARVRents range from $650-850 (of course I think for a brand new unit we'd command the highest rent)$55 gross profitSo if I went traditional I'd spend another 13k in closing and agent fees.When our investors fund the entire deal we share 50% of profits so why not find the end buy and hold partner in the beginning and give them that 50% discount on the property.

As Rick mentioned wholesaling of traditional real estate or notes can be a great way to increase your IRA.

Find comparable properties that have a similar amount of square footage and lot size. 

I can go cash or traditional financing.

Comparable sold comps for existing fourplexes?

If it's a home you already own, (not the one you just bought), any traditional bank or mortgage broker would be able to help you out.Best of luck.

I will say, as a programmer, I built my own system that was comparable (better in some ways, not so much in others) in many ways to Dan's, but I didn't have online access to the Upset Bid sheets and that was a significant factor in my using his service.