Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookHouse Flipping resourceshttp://www.biggerpockets.com/renewsblog/2013/09/28/best-biggerpockets-house-flipping/Step by Step Guide to Flippinghttp://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/You might consider Niche or Specialized Housing like student housing.

#01  SFH-3/1$65,500 Asking $9,900 Rent ($825/month) $876 Insurance $748 Taxes $841.5 Management (under current management) $1,386 Maintenance & Vacancy Estimate (each 7%) $6,049 Estimated Net Return (CAP 9.24%)COC = 15.11%#02  SFH-2/1$59,900 Asking price $9,444 Rent ($787/month) $801 Insurance $724 Taxes $803 Management (under current management) $1,322 Maintenance & Vacancy Estimate (each 7%) $5,794 Estimated Net Return (CAP 9.67%)COC = 15.76%#03  - Fourplex 2/1’s$169,900 Asking price $30,072 Rent ($2506/month) $2,273 Insurance $2,774 Taxes $2,556 Management (under current management) $4,210 Maintenance & Vacancy Estimate (each 7%) $18,259 Estimated Net Return (CAP 10.75%)#04  Duplex-2/1’s$79,900 Asking price $13,200 Rent ($1,100/month) $1,069 Insurance $893 Taxes $1,122 Management (under current management) $1,848 Maintenance & Vacancy Estimate (each 7%) $8,268 Estimated Net Return (CAP 10.35%)

I have laid out plans in a way that the property is ready for rehab, Architectural drawings are in place, building permits are in process, Scope of Work estimates from 3 GC in place.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookTo find out about an area go to IREM.org search for ARM certified property managers.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookYou might consider Niche or Specialized Housing like student housing.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookYou might consider Niche or Specialized Housing like student housing.

But if you're sending, say, yellow letters, you can estimate around a 10% response rate.