Gwen and I met you on the Atlanta field trip and then again on the Memphis field trip.

Don't let your finance knowledge of securities cloud RE, unless it's a REIT type or bond, as they are different fields.

Contractor estimates from two or more different companies can help as well.There are not guarantees that it will work but it can help level the playing field.

The answers you may get may be sufficient to help you make a solid decision.If you take payments from him for the next 10 years consider having a contract drafted by someone in the legal field.

It's nice to get insight from someone in the field who's been there and done it.

The MLS has fields that rate property condition and sales concessions...like seller paying points and/or a repair allowance.

make sure you have selected "multifamily" under property type and deselected "single family" in the search fields- you may have to go to "advanced search".

Start going to REIA's and network with people, find out who the big players are and try to surround yourself with them, get educated in the field that way as well as reading blogs, listening to podcasts and asking questions here on BP!

I am currently working in the Wholesale field, but also do a lot of networking and match making.

As someone new to this field I am wondering if this site could be used as a tool for relatively accurate analysis until I have a handle on costs myself.