Yes this is nothing new to the big boys & girls out there, but new to me as I have only purchase new completed places.This is the current bus. model that worked on my building1-build/buy new & hold(unique duplex like SFR - thus hi quality tenants)2-cash flow-not great but good3-exit by selling as condos (30% higher value than the whole duplex structure)These are the rough number on one current duplex:-150K 0.4 acres land purchase for ONE duplex (an average - extremely hard to find)-300K Build and contractors fee-20K City utilities (can save here w/ tear down-Utililitie in place & easy to permit)-Appraised at 470KWith these numbers there is no deal/money to be made upfront unless the appraisal rises or the land price drops.

If you purchase a quality 4 - 6l low-flow toilet, they move just as much - often more - content than the old water-push designs.

Spending a couple hundred on a high quality home inspection is much better than several thousand for the "oh no!!"

We negotiated for about 3 months and I finally go her to agree to 88k with comps for same size lot and house in area around 240k-260k ARV.Now my question is where do I start looking for contractors and how do is find the best price for good quality work.

I did not expect the type of quality responses I have gotten.

What type of qualities in a potential multifamily home get you excited/interested as an investor?

Geronimo Moreno welcome, I'm sure between the two sources you will get many opinions and methods of doing things.

But as a short version, your wholesaling fee will be based on the quality of your deal.

It just seemed a little disingenuous and meant for more naive people.The other thing is that he was always putting other people's methods down.

The pre-screen idea is not a bad "method".