I paid a little $175k for the location, but my mortgage is $1300(FHA 5% down- and I used a Cincinnati Port Authority Grant that paid all of my downpayment, all I needed was closing costs $3800- requires credit score of 680+ i believe and there are income barriers, but if you fit into that criteria, check it out-I used NRL Lending) and the 2nd Unit(4-2) rents for $1500, and my unit rents for $800 when I find my next house hack... so there are deals to be had.

I think once I am back from vacation I will raise the rent to be closer to market value which will give me 2 months to figure out if he will be a good fit or not.  

@Ryan Ahlgrim We tried it twice, and it just didnt fit in our three markets; Tampa, Orlando and Melbourne.

We don't have a large amount of capital to invest and it seems that wholesaling may be the perfect fit to get our business off the ground.     

I am not sure if the sellers look favorably on all cash deal (in which case I could do $190k all cash) but otherwise $250k with 10% down homeopath loan is what I would say is my best and highest offer.I hope in this email, I have outlined my investing strategy and the way I think of the "numbers" and if this template is useful for you to bring me other deals that fit my "formula", I would be most grateful.

I see three that might fit your criteria, one on Blackhawk, one on Rockwell, one on Stave.  

There's more the 60 properties on the market right now that could fit your criteria and it'd be easier to narrow the search down with some more info like price range, area, desired rate of return, etc.

With a heavy-handed new law that is the first of its kind in the nation, Seattle has set its regulatory crosshairs on landlords, attempting to police their inner thoughts and eliminate the possibility that their decisions could be motivated by "implicit" or unintended bias.Known as the "first in time" rule, the mandate forces landlords to rent to the first qualified applicant, rather than choosing the best fit from among prospective tenants.Sponsors contended that this unprecedented restriction is needed because traditional anti-discrimination laws do not protect against unconscious prejudices.

This way if you do put it as a rental you have 3 years to test the rental waters to see if its a good fit for you.  

Asking a realtor to pull all of the multi-family properties that have gone off the MLS (not sold) in the last 6 months and trying to contact the owner directly via tax records.Funding - There are not a lot of multi's near me and they simply don't fit my family situation.