Hello Everyone, I'm about to turn 35, single/not married, no kids, and am currently living in my basement and renting the rest of the house out (which I am totally content with ..have no desire to live in a big empty house alone).

Has scope to work....we'll see.I am totally new to all of this, so trying to learn as much as possible.  

(May be able to do over time)Currently renting below market for total income of $4,850 (month to month)Based on my knowledge of the area, and running comps, "Market" rate would rent these for a total of: $7,800I am running my income projection at about 80% of that: $6,350 (to be conservative) once running and maintenance is cleared.Expenses will depend on if I choose an equity partner or do hard money and refinance with a commercial loan.  

Should I askethe county to lower it to $700k or will they just go with what the bank put as the total loan amount?

I would also like to see the herculean weedeater that packs that kind of muscle.

There was a fire one one half of the property, and the water damage extensively damaged the whole thing- total loss by my insurance companies standards.

$600- 750 in total yes .

The minimum is probably in place for porperties with very low rents.Dont get hooked up on it, if you are going to buy a building with 8 units your total rent is going to be around $4000 per month, the pm will get $400 per month on this property. so its not like they are saking $75 per door, its $75 per property. you need to negotiate with them, im also paying 10% per month but there is no other fees or minimum.

Properties in Wellesley and Weston are roaring high in the past decade and sometimes makes more returns than a multi-family, and it is easier to keep its value when there is financial down-turning.I understand that it is totally a personal choice based on the financial situation of a family, personal preference, and personal understanding and sense of risks/benefits with regarding to such choices.

How does Washington state look at low square footage, container, prefab, flat pack type housing?