What made you interested in investing in this type of deal?

And personally, their UI was horrible.

Asking in the correct forum will get a better response.Read the RULES!

He is also a city councilman in Minnetonka or at least he was.

I don't remember if there is a bathroom in the area or not, which of course is a downside.  

Investment Info:Small multi-family (2-4 units) buy & hold investment in Banning.

I make sure to be there when the appraiser is visiting the home and print out data on appreciation rates and comps and give him/her a personal opinion on where we believe the home should be appraised at.

Quote from @Pat Arneson: Yes, sometimes they have a ton on their plate and need to sell some off, and sometimes there is a better spread in their eyes wholesaling the deal verse flipping it.

Welcome and great idea, I think the MTR space is still very smart area to be getting involved in

Quote from @Kevin Akers: If you have everything else in place (financing, permits, etc) and have underwritten the deal where the numbers make sense you can work on raising the 50K from private investors.