It is good that you are studying and ambitious.

If that is the case, I'll work with the numbers until I get to a purchase price I like (or find an issue that stops me), and then go from there.I'm looking mostly at MLS properties at the moment... so I'm with @Brandon Turner  (from How to Buy a Small MultiFamily Property: A Step by Step Case Study) The List Price: For 99% of properties I find on the MLS, the price is far too high and not worth it.The Ideal Price: For 99% of properties I find on the MLS – there IS a price that would make it worth it, and I like to find out what it is. ...Hope that helps!

Prior to my market study I thought Hollywood would be a great idea because I am always going out and see a lot of young professionals and those in the entertainment industry in the scene.

I want to get a Market feasibility study done to make sure the market is not over saturated.

In the inspection it was discovered that the house may have structural issues.

When we got over there, we discovered that almost everything had been upgraded by the owner (which is usually bad) and they actually did a decent job.

I studied Real Estate in college before joining the Air Force.

I have been studying from the fortune builders REI program and plan to join the REIA club here in Austin this month.

I'm reading and studying everything I can find.. one of the tips I saw said that most people fall short with wholesaling because they fail to formulate a cash buyers list.. so, I contacted a realtor..

Listed as 2 family. 2 story, finished basement, 2car garage etc.While I was doing my research before the purchase I discovered that the deed and title search showed the house as a 3 unit house (C0).