The returns have been good.

Depending on where I buy the unit, I may be planning to occupy the unit for the shortest time possible then rent out all of the units.Any additional advice is greatly appreciated regarding best places to find listings for what I’m looking for, a good real estate agent that’s investor friendly, good markets to choose from to generate cash flow, cash on cash return, etc.Any information is welcome and I‘d love to hear what you all have to say.

Just wanted to get some insight from members of the community to see if anyone has actually experienced these types of returns. 

The co-op is larger than the largest bank (BofA).Co-opcreditunions.orgI returned a cashiers check mistakenly written to me for $1,000,000 by BofA. 

@Sean Ade I always understand the condition of the big-ticket items prior to submitting an offer and take that into account in my down payment.For example, if bought the 4-units for $220,000 with a 25% down payment - $55,000 - and that is what I based my returns on.

I suggest you return to your 1, 5, and 10 year goals; unless you don't possess them, then do that first.

You may be able to work with a private lender (a person or a small group of investors) that will have money ready for a foreclosure purchase but they often invest in the return on investment of the deal so you'd have to have that property all lined out and ready with their cash (in a cashiers check) to buy at the foreclosure. 

@Michael J Ralph at the end of the day it's whether you want to manage the property yourself or not, and if the returns meet your goals.

(My commute is 40 min on average w/o traffic) Plus, when you look farther south you'll have a better cash on cash return.

But as a return on the value of the asset it's usually a horrible rate of return.