If your are a beginner I don't recommend you look at anything larger than 8 units.

Well, lots of people really do have lots of cash, so it may well have been a cash purchase.Could have been a private loan or a hard money lender.Could have been some sort of rehab financing such as the FHA 203k loan.

The average effective tax rates for small businesses in this country is about 20%, and the larger the business, generally speaking, the lower the effective tax rate.

I personally would like a black hooded sweater and a black flexfit hat with some BP logos of some sort on it.

Just wondering what sort of ramifications there might be down the road buying a house that has a bedroom that they probably never got a permit for.Kel

With this data its easy to combine that with what you learn web sites like trulia and realtor.c-m and loopnet, zillow ,homes.c-m ect to determine some sort of valuation.

Probably going to sell my triplex and look for a larger multi-family.

If they try to get a new loan (of any sort, not just mortgages), this loan will affect their chances.

I do have a question of sorts if a deal does not make sense to me its better off just walk away without losing money.

You could go to a local REI club meeting to hook up with people that find these sort of deals.I think "demographic" is not the best way to search for deals.