The average cap in the area is 6-8%.How do you account for cap ex?

You see like many average Americans My finances are in a small mess, but I’ve just gotten my income tax return and paid down some credit card debt, so I want to use this breathing room wisely.

Maybe you can close fast.Maybe you have few conditions on your offer.Maybe your advantage comes from what you can do with the property after you close.Also remember the funnel ratio.On average it'll take at least 100 offers to close on one deal.

From my conversations with Realtors and REIs on BP, I've learned that many realtors are focused on closing deals with the average single-family home buyer.What happens if this average buyer decides they want to rent out their home?

Average prices for my area are $400k-$600k for 2-4 unit buildings.

There is a full-time staff of five (excluding owner), and the average employee tenure is around 10 years.

I have been hearing from my tenants that the cost for heating has gone down considerably...this product has only been installed for 3 months in several of my units, but we are very happy with the heat and comfort and no maintenance issues with this under floor heating. 

@Steve Bracero the listing agent actually just e-mailed me with records showing water bills averaging $130/month, so add $30 to my expenses. 

So this quarter's water bill was $663 instead of the 'average' $250. 

I've been averaging somewhere around $30k per project in profit. 36/year would put me at $1,080,000 for the year--so 10% of that for a marketing budget would be $108k.Thats great information and I appreciate you sharing it with me.