*Link to calculator report is belowHey all,I am having trouble deciding if this is a worthwhile deal.  This is my first multifamily and second overall deal. The property is in a "C" neighborhood in ROC, NY.  Its an ea...

In some cases its a friend, it could be a Realtor you know but there has to be eyes and ears at the site on a regular basis watching out for your investment.

About 2 years ago I started keeping an eye on www.homeunion.com which is a one stop shop for buy and hold investors.

It was a eye opening moment.I have a background in single family home appraisals and my brother is a long time siding and windows salesman along with both of us having a background in landscape construction. 

So i have my eye on a property listed by HUD for $235000.

So it sounds like I need to figure this initial involvement of the contractor as cost of analyzing deals. ...because if the contractor comes back with an estimate of repairs that is too high to make the deal attractive then I'd be out that fee for his service.

I find that the market prices for risk/reward  or your in an area of functional or economic obsolescence.if its your home town and you can self manage and want to do it.. seems Ok to me.. as long as your going in with your eyes wide open.I have helped many a C class operator scale their operations..

Has anyone been involved (worked) for Primerica?

A few questions are: What involvement or risk do the other two have in this process?

I have heard great things about Bigger Pockets and started listening to their podcast and want to be more involved on the site.