Part of this could be on a deal by deal basis if you don't have a specific model you're holding to.  

Hi all,I greatly appreciate your time, advice and expertise.

That same triplex, literally, same structure, transplanted into a Denver neighborhood might command $1350 per unit - per the model above.

I've found in just the past few months in just talking to people about wanting to get into real estate that people have cash and the desire but not the expertise.

Total house is about 1200 sf.Most of the similar models have a similar room that's much smaller and have not made it into a bedroom.Do you have any examples where the additional bedroom didn't add any value to the sale price?

New Orleans is a tough market to find deals in in the more/most desirable neighborhoods due to limited availability since after Katrina, most of them were scooped up in the last few years.My advice to you would be to offer the highest you feel comfortable with offering for your investment model and sit back.

I'd love it if Tu could elaborate more on the "sandwich lease" model Tu mentioned, it's not un(a) term I'm familiar with.

She said they built that into their business model but would be fine if I wanted to pay it all up front.  

I don't have any real expertise with which to answer your questions, but I think you need to talk to a good tax person.

You will run out of money if you rinse/repeat that model.