If you onlyfeel comfortable investing in close by areas circle out a 2 hour driving distance and see if any properties in that area fall close to the 2% rule.

Or would it not be worth any additional cost to my margin (keeping in mind that time constraints will be my biggest limitation)?

If it is sewer, is it force main or gravity line and where is it tying to (approximate distance)?

If the property is located within a reasonable distance (30 miles), then $40 is perfectly acceptable.

Yes, it needs to be moved to the finance section.The FOM basically allows financing of a home for college bound children or parents as a second home without meeting the 50 mile away distance requirement.

There is a time constraint on when the SEP IRA account has to be opened.

Hey Sean - I know few people who have found private funding by cold calling or emailing people at a distance.

per J Scott request, here is an update on my first flip...After getting comps and a more formal quote from a contractor, here are the big numbers:Sale Price: 390kRehab Cost: 126kPurchase Price: 150kThis leaves me at an ARV of about 71%, which is within spitting distance of 70%. ( I personally think the 390k sell price is a bit conservative, but I think staying under 400k is a safe price point.)I currently have 2 private lenders lined up to split the rehab costs 50/50.

Also a distance option like within .5 miles of prop ect.

I know I am getting ahead of myself, because I havent even bought my first multifamily yet, but I like to always have a goal off in the distance that is just a bit further than the next.