Many fourplexes also need light cosmetic remodels which might make these be a perfect fit if you're up to the challenge.

Light rehabs with lower holding periods can work at higher all-in %'s since your exposure to risk (via timeline) is reduced and your holding costs are reduced on quicker flips where conversely, you may need more room for a full gut to the studs rehab as your timeline of holding period will be much larger (as well as your risk factors). 

I receive many pricing guidance requests for Freddie & Fannie Multifamily loans, so I figured I can shed some light on how I as a banker price loans.

There are some warning signs and trends in the Indianapolis real estate investment market that you need to know about.

No lights, no TV, no phone.

Manolo, you referred to mid grade finishes costing 30-40/sf less than higher grade finishes so does that mean that you have included all the fixtures i.e. tile, sinks, showers, tubs, lighting fixtures, appliances etc. in your 150-180/sf estimate?  

Owner pays exterior and hallway lights and trash pick up.

Removed all the trash, fixed the lights, proper dryer venting, etc.

The blue and light orange colors go well together and are appealing to the eye.

If tenants are not abiding by the lease rules then I issue a written warning according to my lease.