Cash flow will be about $100 per month after PITI, management, and reserves for vacancy, maintenance, and cap ex.

@Patrick Britton  I always say 4 mortgage slots because most folks can do that I know there is 10 available but it does get tougher with cash reserves and such. 

My brothers a broker, and i have decent reserves, and great credit, so getting a construction loan wont be difficult...it may be a challenge but not difficult3 closest comps, 799k, 865k, 878k and none of these properties were rehabbed all of them needed full gut..I know theres so much in between but just looking at the surface to start withAdvice from some builders....Thanks in advance

But that does not mean you have to accept the data from the screening source blindly; there are some ways you can use to confirm that these are not false matches if you are inclined to do some research:http://www.biggerpockets.com/forums/52/topics/1750...http://www.biggerpockets.com/forums/52/topics/6102...BTW - MA has the records online for this type of searching at no charge to you, for evictions at least. 

I would just recommend you also concentrate on building up your cash reserves.

Best $30 bucks Ive ever spent.After countless hours re-reading and highlighting every other sentence in this book, I can say I without a doubt humbled by my lack of knowledge, but also edified in a way I was hoping for.As I am young, my cash reserves are not the best (still a few more months of student loan payments), I will not let this deter me, as I know that If i find a good enough deal, the money will find me.I do not know any real estate professionals in my personal life.

Hello everyone,I came across a small home in my local mls listing and at first I though i misread the description but I called to confirm and the listing is a ONE bedroom home.  

@Jasmine W.you always need to consider cash reserves before making any investment whether its a typical purchase or a Sub2 deal.

I have cash reserves to cover cost.

On my most recent purchase (1.2M at 25% down for a 3-family) I'm taking in gross rents of $8600/mo (which is below market rate due to signing initial leases mid-winter) but still have a monthly net profit (after all expenses including capital reserves) of roughly $2k, so an 8% return.