Is there a certain price range when investors are regarded as serious investors?

Hi, there are several lenders who will do smaller values in that range.

Rents range from 1000 for a 1 bedroom/studio to 3k for a 4 bedroom.  1400-2200 seems to be the norm for 2-3 bed. 

What I have discovered thus far is an abnormally high water bill (e.g. $160.00) of which I pay.

I bid on HUD home and the offer was accepted I am scheduled to have an inspector come out this Thursday but I just received and email that we can’t turn on the water.

Look up your local code for ice and water shield installation. 

After looking at several dozen single family properties (more or less with no rehab necessary) ranging from $130-$175K, I’m seriously beginning to question how you make money with a long term hold single family rental given the tax rates in desirable school districts and the lack of any exemptions on assessed value for owners not occupying the property.

I would start there or check loopnet and see which brokers are really active, especially in the 20 unit range you're in and call them for a referral.

Remember most people quite in the 2-4 round range.

He wants $395k for 5 units. the gross monthly income ranges from $500-585/mo/unit...it averages to about $567mo per unit.