Once you hit the 5 unit mark, it's a new ball game with a different set of rules.

I'm new to deal analysis so I wanted to give this one a try and see if I'm at least in the right ball park for analyzing dealsPurchase price - $587kYearly gross income - $42,461 (though for current listed rents it would be $60k)Yearly Expenses (50% rule) - $21,230 ($30k w/ listed rent rates)pro forma expenses - $24,700Insurance - $2,400Taxes - $12,000Maint / CapEx - $6,300 (15% of rent)Utilities (snow/lawn/water/sewer) - $4,000NOI (50% rule) - $21,230NOI (pro forma) - $17,761 P&I w/ 10%down - $30,000 ($2,500/month)Obviously this is a negative cash flow w/ a low DP mortgage, so this house isn't worth it to me. 

Aside from my own "education" either on the radio for my commutes or explorations on the forums and blog posts, I would eventually like to participate in local investing groups to keep the "ball rolling."  

She just dropped a potential buyer after over a month of going back and forth with low-ball offers, inspections, negotiations and nit-picking about the property (Her home inspection was sound, the house is just a little outdated cosmetically).

I probably should have gotten on the ball earlier, but oh well.  

Good day!  Hard to ignore the incessant commercials, tweets, posts, blogs, and overall belches caused by a very raucous election cycle.  As I hang my head over the political discourse our country has come to, I also p...

This puts the ball in their court.

I have ball parked the ARV between 500k and 600k range.

That seems like such a small amount and they wouldn't take it seriously. 3) I have read in several places that you should be making 20-25 low ball offers at a time waiting for someone to "bite".

We are thinking of buying a duplex right off the bat to owner occupy 1 side and rent the other and then we'd like to pretty quickly look at our other options to keep the ball rolling on other investments.