@Sean HollandAs some others mention, certain methods of self-directing investments are not recommended, but it can be possible.

Here are the numbers of the deal, experience eyes and direction is what I am looking for in regards to setting an offer amount that makes sense for its current worth. 6 unit owner asking/LOI has agreed to 600,0006 unit - 3 2bd/1bth, 2 3bds/1bth and 1 4bds/1bthtotal rents+laundry = 60,100 current/ pro forma= 70,200 (this can be achieved without any upgrades)expenses = 23,000 currentNOI=37,100 using the cap rate (.09) method of valuation = 412,222Got cap rate from a local CRE agentBuilding is 100% occupied.

It is the appraisal district's job to use whatever legal methods are at their disposal to arrive at their own value, which the property owner can then protest.

What method does traditional banking use.

Monthly parking rates are a must to create stable cash flow.Two operational methods: 1) Master Lease 2) Aquire and ManageBoth Methods require Capital Injection, and I strongly advise NOT to acquire bank financing.

I love this advice and I will definitely start implementing this method in my future deal search.

Initially I thought that the rehab would be much lighter than what it turned out to be.Unit #1: Trim throughout, doors, luxury vinyl plank + tile in the bathroom, new vanity & toilet, paint, granite counter tops, new cabinets & sink, stainless steel appliances, and updated fixtures. 

I do not know the actual value of the home or how much he is going to sell me it for, but the first thing that comes to mind is to do the BRRRR method especially since its a fixer upper (nothing super crazy), using Hard money.

Most of the Flippers I know use a "shares" method with their PMLs where they sell 1000$ shares of the flip to multiple investors.

Daveron, what methods have you already tried in order to find sellers?