@Manon Sheiman here are your answers:For conventional, conforming loans (Fannie/Freddie loans) the rule is 6 months to receive cash out. 

@Jay Hinrichs , I've seen a bunch of people posting against the rules lately, you're right.

As a rule of thumb for myself, I don't invest anywhere I wouldn't live myself.

Current rent roll $2165 vs your est of $3400.If you can justify the increase go for it."  

Would love to know what the rule of thumb is (if any) for assignment vs double closing in CT.

All counties have their own rules and contact them to get the details like frequency, the time, and where they are held,Most counties have what is called a "redemption period" of time that the previous owner will have to pay the taxes that are owed. 

I think the general rule is that those do not count toward you COC as they artificially inflate it temporary, and then when you actually realize the expense, they would count against it worse.

You won't get the appreciation you do closer to Portland, but you might get numbers closer to most of the "rules" you referred to.

Hello Fellow Investors:We are considering MLF Investing.MLF Unit: 7 Units, Price: $550,000.00What is the Thumb rule when performing the Analysis for: Closing Costs, Appraisal, CPA + Lawyer Fees, Inspection, Insurance, and Umbrella Policy (1 Million).ThanksKishore

It is low compared to rule of thumb 1%.