There is no basement, the ground level is not habitual and is used as storage, and the 2nd level is a 1 bedroom.

Turnover hasn’t been at this high of level since 1987 when 32 percent of respondents reported the same, according to NAR.Adam DeSanctis, a spokesman for NAR, says the increase is partially due to new agents joining the ranks but the numbers also reflect agents switching firms.Some agents say they’re being lured to the technology and the marketing support of other brokerages.

While I would say that the majority of investors operate at a level where you understand how small of a world it is, and understand the damage burning bridges and relationships can be...

I think that giving, just like entrepreneurship, is all about adding value at the greatest possible impact level.

What is your level of experience with multifamily?

After that you will need to apply a thin layer of self-leveling compound.  

The “cost” of this lower level of risk is a lower yield on the money invested.

Some lenders might recognize some level of loan to cost(+/- 80%), but you will have to verify your expenses and they will make sure you are bellow 65% of the new value by appraising.I recommend that if you are serious you write a 1-2 page plan, put in a pro forma deal of an actual property you would buy, along with a breakdown of the rehab portion, how you plan to manage the tenants (or if you a have a professional manager), ect.

High level thinking: $100,000 purchase @ 6-7% commission = ~$6,000-$7,000.  

What is your tolerance level for not so nice areas?