The units are 2br/1.5 bath and appear to be approximately 1100 square feet per unit.

I think a great way to begin using BP is to read the Bigger Pockets Ultimate Beginner's Guide to Real Estate Investing as Josh and Brandon did a great job with it.And now that you're here we'd love to see you be an active member of the BP community so be sure to set up Keywords Alerts for your local area such as "Jersey City" or "Journal Square" if you're looking to find potential opportunities for investing, education in a subject, or other members in your area.

You should make sure that square footage, layout, lot size, age, beds/baths are close as possible to your subject house.I had the experience of learning that all comps are not good comps for a specific property even when an agent pulls them.

I was a realtor for 7 years in Pierce County Washington (Tacoma) and prior to that owned the largest RE magazine in the area.

Hey BP community. I'm a cash buyer looking for wholesale deals that I can rehab and sell. Leave some skin on the bone for me and we can make something happen. My primary focus is Tacoma/Pierce County and then King ...

http://www.redfin.com/WA/Redmond/15825-NE-Leary-Way-98052/unit-1E/home/12092222 I am sure you will find other good REOs if you dig deeper.

It's a very large project over a 1 million square ft. that is located here in Atlanta and is currently in the due diligence phase.

And even if I were to also calculate a rough estimate of maintenance and repairs for this property using the averages of the 1% Rule and the Square Foot Rule [(3000+2100)/2 = $2550], I'd still be in the positive with a 9% (2,910/30,000) return of $2,910 (considered if held long term).So yup, if I did purchase subject-to on this, I think I might've been able to pull it off.

here is part of the proposal:STORE SIZE & LOCATION:The demised premises will consist of approximately 2,000 square feet.Said premises to be located in the Shopping Center as shown on the attached site plan.LEASE COMMENCEMENT:Upon mutual lease execution and Landlord’s delivery of the demised premises.TERM:The Term of the lease shall consist of a period of ten (10) years commencing one hundred twenty (120) days from the date Landlord notifies Tenant that the premises are ready for possession or upon opening for business, whichever date shall first occur.RENTAL: Tenant shall pay Rental during the first year of the primary lease term an amount equal to $31.00 per square foot on a triple net basis.Tenant’s annual rent shall escalate at the rate of three percent (3%) per year.Said Rental will be payable in equal monthly installments.OPTION TO RENEW:Tenant shall have one (1) five (5) year option to renew this lease.The Rental in the first year of the option period will be three percent (3%) greater than the rent in year ten (10) of the primary lease term.Annual Rental shall escalate at the rate of three percent (3%) per year.PROPOSED USE:A first-class frozen soft-serve yogurt operation similar to other Frozen Yogurt locations and for no other purpose (to be further defined in lease).ADDITIONAL CHARGES:REAL ESTATE TAXES:Tenant shall be required to pay its pro rata share of real estate taxes and assessments on the land and improvements on the shopping center site, estimated to be $1.25 psf.INSURANCE:Tenant shall be required to pay for its pro rata share of fire and extended coverage insurance on the building, estimated to be $0.29psf.COMMON AREA MAINTENANCE:Tenant shall be required to pay for it’s pro rata share of Common Area Maintenance costs, estimated to be $2.44 psf.LIABILITY INSURANCE: Tenant shall provide liability insurance in keeping with the requirements of the Landlord and/or Landlord's mortgagee.STORE FINISHES:Landlord will deliver the demised premises to the Tenant with RTU’s in good and working order but otherwise in “As-Is” condition.All improvements will be at Tenant’s sole cost and expense.SIGNAGE:Tenant may use its logo and colors for said Signage on the fascia of the said premises as long as it is subject to the Landlord’s sign criteria and governmental agencies governing the project.SECURITY DEPOSIT:A Security Deposit equal to $2,500 is due upon execution of this Letter of Intent.

Go to Zillow and look at recent sales of similar sq feet I think that's good advice, but I'm always skeptical of the actual Square footages provided in the MLS.