Or vice versa, maybe a too big apt perfect for family but has terrible schools but great nightlife. 

I want to do probate properties and I want to start small at under $100k because my credit is terrible, lol.I am going off faith and I know that I will be able to get this going this year.Anything you say will be greatly appreciated and if I can help you out in anyway I would be super glad too.I wish you all the very best.

I also don't invest in any RE here but again it's all relative. the returns might be good compared to SoCal but they are terrible compared to NC where I came from and still buy houses. edit - I do own my primary here and I'm VERY happy for that!

1 - 2 year old comps mean nothing.2 - if the most recent comps are at 480, then the seller's 500 AP isn't out of line3 - one of the partners dying doesn't automatically make this a "motivated" situation.4 - The numbers are terrible.       

@Cristy George at the risk of giving you terrible, potentially catastrophic advice... 

People starting out probably do not have that type of money.The takeaway from that statement is the importance and power of scaling. 100 doors in 100 geographically different locations would be terrible idea. 

Picking up rent checks is a terrible decision.

All I ever hear when I make a post about how I want to be a wholesaler is that wholesalers in general, are terrible.

Louis - definitely not a terrible area but not the best one in the area as well.In the wash the way it looks I'll likely be negative $40-50 per month.

It’s an industry generally terrible about adopting innovation because many working that industry are still seeing it as a competition to their day-day versus replacing low skill tasks and personnel to focus in higher value activities critical in the people era.