@Jem Thompson I am going to give it to you straight, coming into the Mpls market, going from 0 directly into multi-unit housing, is of the absolute HIGHEST risk level and stands a near 100% certainty of running into some significant financial impacts.

The sub-markets of any city are where you are going to better pinpoint cashflow v appreciation although the greater metro market indicators are still important.For example, there are neighborhoods in columbus (the higher appreciation city, typically) that will have little or no appreciation and just straight cashflow just like there are neighborhoods in cleveland (the lower appreciation city, typically) that have great appreciation potential because of sub-market trends.  

When you find a property that hits your criteria and you physically walk the property, go straight to the basement…it can tell you a lot.

Ended up buying a jetter hose and tip for my pressure washer and going to town on it for 30 minutes straight.

If it would have been similarly mentioned in my report, I would have of course pressed for a discount or to replace it.

So, to buy the property at good discount rates, we need to dig out the pain point that is motivating the seller to sell the property.

There are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you are looking to connect with other members near you, or want to learn from people in a specific area you’d like to invest in, or have a desire to find people interested in certain topics, you could use the search feature here: https://www.biggerpockets.com/search/users

I would say the house entrance is an average distance from the sidewalk and road (see picture).I ask as another investor and agent has told me he has a rule to never buy properties on a double yellow line as you have higher turnover, and you must discount the rent as it is so unfavorable.Do you agree or have any experience with property on a double yellow line road?

Also rehabbing will give you a discount and you'll have equity.

Instead, there is a chance they will just sell that note to you at a discount instead down the road if they want to cash out.