Just curious what the veterans around here think about the pricing.

Again the below is just a best estimate - Do you guys think I'm factoring in 99% of the expected costs?

What type of renter do you think it will attract? 

Marcos - I agree with Greg's comments ("Gregs" think alike :) that cap rate is not relevant for a duplex.

that is a true private lender.Any other lender that has a website or advertises or is on facebook is a Hard MONEY LENDER HML started to market themselves as Private Money lenders about a decade ago on the guise that folks will think there rates are cheaper and they are easier to work with.. 

Hello William,I think that if I look back at the houses I flipped, we would have made infinitely more money if we had held on to some of them and gone with the rental route.Today, DSCR roans are starting to come in under 6%, at my company our lowest DSCR Rates are 5.3%, and I expect them to continue to drop. 

Why do you think purchase contracts are so long and have such small print?

If most houses sell for $1m, and the high end for certain properties is $2.5m....I don't think I'd waste my time with a seller who wants half a million dollars more than the highest properties in the area.

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

I think Sam hasn’t ran into the issue with the city finding out he is renting to 3 or more unrelated family members.