As someone else stated, banks will want to see a couple of years of rent roll typically , so do a solid job of estimating the current rents for those units and what additional CAPEX is required, apply a 50% rule and CAP rate for the area and that’s the value.

Your typical investor will run for the hills on this deal but there’s a lot of upside and fear drives a lot of those decisions .

@Laila Ea this is typically the landlord responsibility.

You typically have to have a connection/know someone in order to get them to do that, but of course it all depends on the contractor.

It's a great option for 1st time homebuyers, but remember that it's typical for the condition of the loan to be that you must live in the home as your primary residence for 1 year or more in order to qualify!

Typically you want to be on the west side of Germantown Ave but overally the area as a whole is super solid.

A typical Hialeah condo ask $160k and can be rentrd by $1,500 month but I was told that most of them do not homd reserve.

Your purchasing at trustee sale may or may not give you the right to redeem; that is something you should talk with an experienced local real estate attorney about since it typically involves a lot of state-specific law. 

I wouldn't assume that this experienced investor could also just get a regular commercial loan at typical rates 10% down and 5% interest rate. assuming again they have proven to this lender in the past that they are extremely low risk?

Is it typical for the seller or his agent to require proof of funds just to look at the property.