But, if you want to get an idea, you should find similar 5-unit sales and derive a cap rate for the market, estimate your projected NOI, and derive your estimated value range.

Seems a little wide too... perhaps some tighter formatting.Good idea! 

All my friends did it and that's how I got the idea.

I do have connections with couple of wholesalers in the area they are currently my main source for fix&flip deals.I liked the idea of marketing for off market propoerties , where should I start?

My Father has been renting us a house in OBX every summer since I was a kid and were both pretty affluent now and I'm floating the idea of us going in together on an Oceanfront somewhere in OBX that we can use a few weeks a year and have it pay for itself via rentals the rest of the year. 

I have a few more questions based on your answers:Q1: I understand that giving him for time to work with him is a good idea.

In the process of selling some of my less desirable properties and still working on creative financing ideas;Do you think the following would be of interest to investors.

This would be 2 days before he announced in his June 20th email (which I believe you have) that he was suspending payments to hundreds of investors because of financial problems.He did not disclose anywhere in the webinar (48 hours before the email) the difficulties that his business was experiencing which was laid out in the email 2 days later.

they clearly have a bad track record and the eviction process can be stopped at anytime by you should they start paying....Don't waste time start asap, run it like a business....

That will force them to offer you better terms if they want your business.