You need a hard numbers as a loss though so that needs to be determined up front.Try Attorney Alan Ceshker who is local in Austin.

e.g. how to determine price of big Fortune 500 tenant commercial real estate.2.  

Once you approve them as a tenant, contingent on SEC 8 rent approval, the tenant will give you a package of paperwork to complete that outlines enough info about your unit that will allow the case worker to determine 1) if you are asking a "reasonable" rent and 2) if the rent plus utilities is "affordable" for the tenant based on the tenant's current income.

How do you determine when it's a good time to refianance

For a high level, when you sold your partnership interest, you generally determine the taxable gain or loss, its character (ordinary or capital), and holding period (long-term or short-term) by reference to the partnership interest—not by reference to the underlying partnership assets.Get a professional, please. 

What are the most important factors to look at when trying to choose the best residential properties to flip?Thanks, Paul Paquin 

Your research and property availability will likely determine the path you choose beyond that decision.

What I could not determine is how the low income status of these neighborhoods would mean for rents in general and resale possibilities in a few years. 

If he doesn't keep good records, then you have a bit of a problem, and will have to calculate it yourself.Finally, with all the information you've collected, you determine if it is a good deal or not.Based on what you listed above here's an example ballpark monthly budget:Principle & interest: ~$1,000 ($195k loan @ 5%)Taxes & insurance: $300-500/mo (depending on your locality)Utilities: $200/mo for water (most 4-units has the owner paying water)Vacancy: $140 (based on 95% occupancy at $2800/mo)Maintenance/Capital expences: $280 (standard 10%)Management: $280 (10%)Total: ~$2,300-2,500, leaving you with a profit of around $100/door, with only $10k invested. 

Hi BP,After listening to a million BP podcasts, and getting motivated by @Brandon Turner's 90 day challenge. I went out and found a deal. I started driving for dollars, saw a house, located the owners phone number usi...