Thank you for your post @Chris K. and for the examples. yes, i understand that the GRM don't show the NOI which we can us to measure the cash flow.As you alluded to, It is often that we see that MF in desirable prime areas selling for low Cap and often the same as houses, this is often do to the properties been attractive to home buyers. 

consumer.Response rates are measured in the single digits and, of that, the responses which result in profitable deals is still a small percentage.You need to be prepared to make a substantial investment in such a campaign with little or no expected return.

Measure twice, cut once.

The EBRHA, representing Oakland landlords, will be speaking against this measure at the meeting.

If I'm using a scale of 1-10 to measure conditions of a house and the comp is a 6 and I'm trying to get to a 9, is each point worth $10,000 up here in a nice neighborhood?

On a lead sheet, you can create these ratios:Rent to Cost= one month's rent measured against the price (usually Single Family Houses)Capitalization rate= the net operating income of a property measured against the priceCashflow=After expenses and mortgage payments are you left with some cash monthly

Truly is a must read though.The Ultimate Guide To Real Estate Investing (for free on this website) is the next best step you can take, as it's a super fast read and very easy.The ABC's of Real Estate Investing- by Ken McElroyThe Beginner's Guide To Real Estate Investing- by Gary EldredThe Advanced Guide to Real Estate Investing- by Ken McElroyThe Book on No (and Low) Money Down- by Brandon TurnerHOLD: How to Find, Buy, and Rent Houses for WealthWhat Every Real Estate Investor Needs to Know About Cash Flow... and 36 other Key Financial Measures- by Frank GallinelliConfessions of a Real Estate Entrepreneur- by James A RandelThe Millionaire Real Estate Investor- by Gary KellerTRUMP Strategies for Real Estate- by George H.

The pictures really don't show the whole kitchen, can you post a fast sketch with measurements and where the appliances are currently located.

Do NOT look at assessed value as a measure of a good purchase price.  

This meant we had to increase rents a bit and take on the water bill ourselves since we couldn't fairly measure each tenants usage.My overall recommendation would be to google some home inspectors in the area and ask them any questions you have.