Although it will probably be out of my budget range as a beginner investor, I'll do what needs to be done to come up with the funds as I am confident that after it is renovated I will have built a considerable amount of equity in it.

I would raise your capex and repair budget probably closer to 10% each, the property looks a little older and stuff is bound to come up, especially if you aren't putting in any repairs up front.

Outline a thorough comp report that will detail the rent difference between both products, and run a simple profit analysis to see what makes more sense for you based on your budget and risk appetite. 

I will have a company managing my out state investments, but I want to keep track of and budget for monthly costs: vacancy, CapEx, management, utilities, repairs, insurance, P&I, etc...

Under capitalized landlords or landlords without sufficient contingency funds are probably going to be more willing to entertain an offer to sell at this time.

I'm just getting started in the wholesaling game so I have a low marketing budget.

I know of a few Hard Money Lenders still entertaining deals but that could all change in an instant as we saw last week. 

This will need to include your complete and updated financials, plans and specs and contract with a GC including a detailed budget.

Hey BP! my goal is to invest in multi-family properties that need some help. I am from Homestead, FL and would like to connect with other real estate investors. Id like to see what is working in this area and what is ...

I budgeted $6500 per unit on our last purchase, we are at $8500 per unit as of today and still have 1 unit that is a complete gut job left.   75% of the cost overrun is labor expenses that could have been prevented which is 100% on me.