Our first multi family purchase was of a property where most of those systems and the units themselves were in poor condition, such that we're having to ultimately put in about $9,000 per unit to bring them up to the point where they command higher rent and we can attract the type of tenant we want to lease to.  

I live in Damascus Maryland and I am currently looking for a mentor that is experienced in Commercial Real Estate Investing (Multi-Family), as well as House Flipping.

If that time is not met then the contract can be voided by either party.

First off, they are misusing the term "pocked listing" as to real estate terms, it's buzz, no big deal, but know a pocket listing is generally illegal by RE Commission regs, where an agent simply holds the listing contract and doesn't actively work it until they come across a potential buyer, they keep the listing in their pocket.I do not advise newbies to use a listing agent to buy, in a dual agency (which was misguided in that video) the listing agent represents the seller not the buyer.

A few other things you may want to think about are:Are you looking for single family homes to rent or multi family units and is there a minimum number of bedrooms and/or bathrooms that you require in each unit.Although I started my career working with renters, I have since moved on to RE investors. 

I'm also watching your videos.

The harder part is determining how much to pay the electrician to do it.

@Ryan McCann Welcome to the party!

Those property's NOI would sell for the same cap rate and a cost to cure adjustment would be subtracted below the line.Finally CAP RATE IS OF ABSOLUTELY NO USE AT ALL FOR SFR'S AND SMALL MULTI'S! 

I'm looking for sfr, multi family and land deals in your area.