Three or more units house tend to have better returns. 100k is a little tight.

If you’re looking to fix and flip in an extremely hot location, and you’re working with a tight budget that requires hard money, it may be challenging to find a property plus a bit risky on the exit as we will probably have fluctuation in the market soon.

Yes I agree with @Trent Ecklar.Cap rates are still tight in primary markets.

A duplex would have a better chance of breaking even when fully rented out, although even a duplex would be tight.

Ask your software provider about filing a "superseded return" as the deadline has not passed yet. 

The rep assured me that housing was tight, but all of her other cases were finding housing. 

I know inventory is tight in the market, but we're looking to start building relationships now so that we can move quickly if & when properties become available.

In the current market, there is a ton of multifamily transaction volume in a ton of markets which trade hands every year and in order to be most efficient in screening, underwriting and offering on deals, you have to have your investment criteria tight up front. 

It seems like they're confirming that the market is hot, which tells me to just sit tight and be patient. 

Be careful about buying a fixer upper in our market, the discount doesn't always match the work that needs to be done, and if things are already tight - you don't want to be putting all of your time and money into home improvements.