Compute your "cash on cash" return (total cash flow per year / cash invested) and make sure that's 1) high enough to meet your goals, and 2) higher than alternative investments.If your goal is long term appreciation, buying in an area with better appreciation prospects may be a better approach.Something to consider is that multi-units have a much smaller pool of buyers than SFRs.

I assume you can do the math and compute the expected cash flow for your various scenarios.

I'm not afraid of manual labor and proficient on a computer.

I don't have time to train someone on basic computer skills.

Checked out cityfeet....definately a site where great commercial deals can be found if you're willing to sit and scout on your computer for a couple of hours.

I am new to this and have been at this computer and reading books about REI for about two weeks.

Not too computer savvy.

i was able to upload from my other computer.

If you can obtain a 15% gross rent yield (8% net, as you compute), then that is very reasonable in many areas of the country, particularly as your property will be very nicely renovated.

I pointed out to them they were literally charging for a service that they did not provide, but the excuse they used was that it's automatically generated by the computer and that's just how it is.