Our two recent acquisitions are paid off as we go through the first steps of BRRR and we are deciding if we are going to keep them paid off or, as is continuously recommended here, refi them to get cash out and move onto the next property.Let's take one of our new properties as an example.

@Aaron Wade, thanks for the invite but I unfortunately have a final exam that night!

My realtor Mike Love of Keller Williams has been great but it is my final decision to make.Using @Brandon Turner four square property analysis method I am considering a duplex that rents for $600 per month currently.

I have noted the upcoming Apr 25 meetup.Westchester MF are often closer to $500k and carrying costs are higher than CT due to higher taxes.We saw a short sale in Verplanck that MIGHT fit the need, but after much deliberation we passed since we had a harder time seeing us living that property (though the numbers were compelling).We are taking a very disciplined approach towards this acquisition. 

They will either provide you with a Pre-Occupancy or a Final Occupancy Certificate or both. 

Prices have been increasing since the crash and are finally past what they were and continue to climb.

Needless to say I am beyond frustrated as I had closing scheduled for a Friday, was finally shown the HUD the day before, and immediately postponed the closing. 

You should look for ways to mitigate your upfront costs as much as you can including securing the property itself.Bulk PurchasesIf you're renting from a property management company or a landlord with several properties that fit the profile and are in the right location then you can offer to do a bulk acquisition and to waive the security deposits and other costs.

I already make note of what is needed during my final walkthrough so I show up at 3pm with blinds/toilet paper holder/ect - whatever they broke. 

That being said, if you narrow your search to a specific type of house in a particular area...you can get some general purchase price numbers.For example, I am looking in a specific area that has tons of 1960's houses and the home values are all right around 220-240. 75% of $240k is $180,000, so if I can buy a property and be at or under $180,000 after acquisition, holding, rehab, financing costs, etc then I can pull all of my money out.