A triplex is a different property type than a 3 building property so even if there are tri-plex properties in that area those would not be considered valid comparables to a 3 seperate building property in a FHA setting.  

circa 1975.I had been working at Gemco  Stevens Creek and Hwy 9 pumping gas for a bit.. then bagging groceries making 1.20 an hour.sold a 10k prop .. ( land ) made 1k in commish.. took me all of maybe 4 hours.. at that point I never looked back.... 

HUGE red flag for me.I called the issuing bank who said there was money in the account and the check number was valid.

Although I am going with this guy for this job, I am always looking for more properties and can work with newer people if I can save some costs.I got the below pricing for a completely new system including new ductwork2 ton 14 seer AC Unit Franklin (by amana)Gas Furnace 80% 40.000 buts to 60.Evaporator coil concrete slabrefrigerant copper lines and insulation low voltage wiring for thermostat and condenser. 5 to 7 Supply air ducts boots and grill.2 return intakes grills under the unitDig. thermostat Suppl plenum Miscellaneous material to complete job10 years warranty equipment 1 year labor warranty.

If the wholesaler has a valid, signed purchase agreement they could record a memorandum of interest (or whatever the equivalent is in OK) and block the seller from selling to anyone until the wholesaler discharges their memo.If the wholesaler is well connected and has a good reputation you may get a poor reputation if you try to circumvent their agreement, especially on your first deal.

I appreciate it more because you had the guts to 'go against the flow' here and you bring up a valid point.The loan was originated as a simple refi out of a 5yr seller-financed loan.  

Luc - i think you make a very valid point, one that i was not thinking.

I expect I'll be allowed to walk the facility and pick items I'd like to have and get them relocated to the shop, including a natural-gas-fired heater, jib crane, sinks, etc. 

I don't know the square foot of each apartment.With that said, so far I haven't contacted anyone, just looking at the numbers I was given and decided to ask for your opinion.Numbers:Asking price:225kBuilt:1910Loan: 20% down $175,000 loan 30 yr fixedEstimated mortgage with insurance/taxes: $1,100Rented: apt A: 650/Month aptB: 650/mo aptC: 600/mo aptD:600/mo AptE:495/mo AptF: 550/mo Total rented: $3,545/mo -landlord pays water,gas,sewer :estimated value:$800Would use property manager: 7-10% per month:$280Also, the duplex price value could be around 60-70k sold as is.

My question is Does anyone have recommendations for gas stove repair or a recommendation on what stove should be in a rental?