@Manni Jay If it's turnkey, I'd pay $130k based on the numbers, if it's in a C+ or better neighborhood.

He was knowledgable about the market there and each neighborhood, as well as being very responsive throughout the process, returning calls/texts quickly so I could move forward.

Drive around the neighborhoods that you are comfortable living in.

Therefore, you must know every single neighborhood where you will work.3.

What neighborhoods do you feel comfortable owning property in?

@Jose Romero, I agree with @Basit Siddiqi - the asking price is too high to be a good deal, and I wouldn't expect to be able to add a third unit based on a typical property in the neighborhood.

I own a couple of fourplexes in Texas, and the appraiser used comparables from other fourplexes in the neighborhood to give me the values.

I will look into that Roof Schuyler, might help to keep things organized in one place, thanks. 

We drove through the neighborhood and it seems quite peaceful, but all of the homes are older.

Use HELOC to pay off mortgages fast.Good schools and safe neighborhoods are a must.Put money in whole life for the whole family.