That's edging in on the 2% rule and those tend to be in less desirable areas. 2) Would the tenants be paying water/sewer? 

There are of course numerous other ways to market to off-market deals like FaceBook, Cold Calling, Google Adwords, Driving for Dollars, Networking with other investors/Realtors, Bandit Signs, etc...

If you are cash flowing a few hundred dollars a month and need to replace a water heater is that going to kill your numbers for 6 months?

But if there is water again on the first floor, then whatever they did in the crawl space under the  second floor didn't work.

I'm looking to fix some water damage and a handful of other issue at one 3 unit building.

We recently sold a house that had sever water damage.

Nice boardwalk with a water and theme park.

This will fund 100% of all closing costs, including the purchase price, title fees, HOA, sewer, water, past due taxes, etc etc.

I bought 2 more condos and a small house wholesale.The two condos were from a cold call.  

what is lot rent, what is the utilities....private or city water/sewer.