Essentially, I will be paying almost $379700.99 for a home that costs 225k.

There aren't many multi-family units in the area but it's an extremely desirable neighborhood in a great school district, so we are eager to move forwardAny advice is greatly appreciated!!!

I could create one by zip code for flippers as well if you think that would be well received. i think school district might be better. it's a little tougher for sold price though

It is also one the edge of a historical district and has lots of very nice homes in and around the area.We made an all cash offer for just under the asking price, as we wait to see if our offer is accepted we did have some questions.Rental comps in the area go for $800 and $600 respectively, how much of an improvement investment should we make into these properties to make them rentable?

If I wanted my wholesale fee to be $200, I would need to advertise for $1100+Closing cost because the initial earnest money that I put up for $100 is essentially gone and out of the picture, right?

@Justin Jocewicz rent is based on the perceived value of living in the home/ neighborhood/ school district.

i talked to my financial adviser who oversees the account at fidelity and they said i could withdraw but would take a 20% federal tax hit a 10% penalty and then another % based on what ky state taxes are for withdrawing out of your 401k. so essentially my $30k would be nearly halfed if i went that route. i have also looked at getting a H.E.L.O.C (home equity line of credit) for the $40k+ i have in my house but we are currently adding a wet bar, cigar room and renovating a bathroom so i would need at least another 3 months before i could H.E.L.O.C.what do you suggest for me and my co-worker We are both in northern Kentucky. 

In so many words, it states that there is now a 30% limit on rental properties per block for districts R1, R2 and R3, if my understanding is correct.

While the people spearheading the turnkey provider companies seem to have good reviews (through BP at least), there are a couple of things that concern me.Basically, I have heard from at least one provider that they are essentially "guaranteeing" some equity within the properties upon purchase.

My 10% vacancy rate is essentially covering that ~1 month a year that I might need to find my next tenant, as I think it is unrealistic to assume I'll always find my next tenant prior to the existing lease ending.Spokane rental atmosphereAnd as for the utilities, I based those on the actual rates that the Spokane utilities company would charge.