Then you need to figure out what your ideal property looks like (spreads/monthly cash flow etc...) then start moving on those deals.If you do not feel comfortable with a deal either have a more experience investor (that you trust) take a look or better yet I HIGHLY suggest hiring a mentor who can be there for you night and day to keep you on the right path.Trust me...

I’m looking for an ideal multi family house plan.

Which would be ideal for a value add.

Also since we are repeat customers, our normal AC guy usually finds a way to fit us in.And no we wont offer a hotel, or file a claim on insurance.I wouldn't offer to refund money, otherwise the tenant would have an incentive to mess with the unit the next time they were short on rent.Now we do our best to get an AC guy in fix something as soon as possible, usually we have a heating or AC issue fixed or the unit replaced within 24-48 hours.  

I deal mainly in multi-families and I generally know how much rentals go for in an area.

Strange as it sounds - $1 Million doesn't really make you a Real Player in the Apartment arena in most situations.It could fit you into a number of Duplex - Fourplex projects!  

A colleague of mine and I are considering entering into an equity partnership. The strategy will be fix-and-hold single family homes. Colleague provides the cash, I provide the rest (deal analysis, negotiations, closi...

If you have a low-end property, it could be a good fit.

Choose the market that fits your own goals.

Obviously, to take advantage of all of these is ideal, however, specifics can help you round out your portfolio to be the most efficient.