I am fairly new to Bigger Pockets and am interested in investing in multi-family properties in Phoenix. 

Hey everyone,I’m fairly new to real estate investing and I’m currently saving money for my first rental property investment.

My mind is always thinking outside the box, coming up with more ways to skin a cat, expanding my mind like I never thought I could.

I am new to wholesaleing and have sent out direct mail and this is first call I have gotten so was looking for a little help/advice.ARV = $ 1,109,100Doesn't need any repairs maybe just a paint job its in fairly new condition Rents are around $3,500-$4,000 a month It is a townhome 3 beds and 3 baths Mortgage = $240,000, $1,600 a month, 2.875% Could I do subject too or owner financing?

Like I said, I know it’s not the nicest rehab, but if you walk through it is a very open plan and fairly well done. 

One option to control your insurance expenses are to insure for ACV (covers yours and lender's skin in the game). 

The house has 2, 3 bed/1bath units and was built in 1910 with a fairly odd layout.

This is a great strategy, but setting it all up properly is fairly complex.

You can buy one at most hardware places for fairly cheap.

I then search Zillow and craigslist to see what is available use all this to determine a fair price.