Again just enough below market where you minimize the chance of your tenant vacating but not hurt your income.

Not a chance I would do that.

You have to factor in the chance of a bad tenant, longer than planned vacancy etc..

It's a great quick and dirty way to get a basic idea of how well something will work out but other expenses/calculations definitely have to be taken into consideration to get a better picture.The numbers you give definitely look good like and since they meet the 2% rule there is a high chance that you will do well but its still possible to be a bad deal without all the numbers.Lets take House 1 for example:$35990 Rent Ready, Rented for $850 = 2.36%50% rule = $425 to Tax, Ins, Maint, etc and $425 in your pocket which is greatNow lets say House 1 was in a trailer park or Co-op with lot rent or dues of $250 a month?

I'm a real estate agent in the area and the interest in duplex seems to be spiking this summer, thought that is just based on my recent clients who have been after duplexes.For local networking, I recently discovered a local meetup group that meets at the El Chico restaurant twice a month for lunch, though I have not had a chance to attend myself yet. 

It is a very slim chance of this ever working.

Brandon this site is amazing and has a top of great advice.Corey I hope that we get a chance to connect and possibly work together in the future. 

This will give you a chance to do a pre-screening and expedite the process once the propriety is vacant and ready to show. 

I am very interested in breaking into the downtown market of Newark, most of our stuff is west of town and I feel that downtown has the chance to appreciate the most.

Let's assume 15% of ARV to increase your chances of finding that investor. $96K based on $640K ARVYour wholesale Fee:  I'm assuming you're looking for at least $10K on a deal this size?