Feel free to message me the addresses and I can help you make that determination.

Pick the phone up and call contractors to price the work, or hit Home Depot and price materials if you’re doing it yourself.As for what to charge for rent, idk how many people “need” 5 bedrooms.

This can determine the type of properties you obtain, and how much time you have to invest in obtaining this income target.

My biggest fear is that there will be some very expensive repairs that an appraiser will not pick up (i.e. lots of mold in the walls and roof, lead paint issues, plumbing needs a complete redo, etc.) and push me well over my initial budget to maybe double or triple what I pay for.

Settlement date of the original contract said 9/15.A couple days later we (title company) received a $10 check made out to the seller.On or about 9/1 the  assignor threatened to back out of the deal unless my client closed before 9/5.Please identify the moron in this scenario.do the wholesalers in your area that are getting paid on the HUDS.. actually show up at your office to pick up a check or do you direct deposit for them.. or have a courier hand deliver ???? 

@Joshua Rodriguez - I'd pick location first, then determine what return you would want that will help you determine your size.

Set up your goals and determine your buying criteria and budget.

However, if they wanted to justify it, I'm sure the justification is that renters cause more problems than owners; renters tend to live then shorter periods of time and there are expenses when someone moves in/out such as extra trash pick-ups, programming them into an entry system, cleaning costs as the move in/out can be messy around the building, light damage to the building, scheduling of the freight elevator, cost of providing additional notices as now the tenant and owner need to receive copies, etc.

The biggest determining factor of a profitable investment is a competent manager.

It doesn't seem like a ton of money, but owning this one is definitely slowing my progress toward picking up actual money-making investment properties.