@Timothy Burnes Don't do it. 10-20k in equity is not worth all those issues.Bed bugs are a significant defect that can take either $5000 and tenting the whole building for heat treatment, which requires vacating the tenants or getting them hotel rooms for a few nights, or a sustained program of prevention with bed risers, leg traps, sealed mattress bags, and the tenants need to keep it up for.. get ready for it.. 6 months, which is how long they can live without a meal.Sewage in the basement could be a big issue if you have a sewer backup problem.The sinking toilet sounds like it needs immediate attention, but at least that's a straightforward repair.The other issues are what I would consider "normal" as in, you could fix them but don't need to in order to make the place liveable.Based on the bed bugs alone I would avoid... if you are comfortable with this level of rehab you should be getting a way better deal. 

Just tips for all new investors out there don’t get personal with the property, the agents, the area, this is strictly business and treat it like business.

Just tips for all new investors out there don’t get personal with the property, the agents, the area, this is strictly business and treat it like business.

Hello everyone, I am hoping to get some insight/tips for running numbers for multi-family homes.

My tips would be to look into different groups and pick one that fits your needs1.

The duplex isn't the end goal, but a step closer to my 3rd and final red hotel in my overall monopoly game. 

@Paul LaForgiaBelow are some tips to find a Local CPA that specializes in real estate1) Attend a Local REIA / Real Estate meetup and see who other investors are using as a CPA2) Network with other investors from your City/State that you find on bigger pockets and see who they use as a CPA3) Look for CPA's with good google/yelp reviews where 'real estate' is mentioned in the review.4) Verify that your CPA is licensed.

Any tips and tricks would be awesome thank you!!!

The problem is that with people we know, we are able to do the job without always following the strict guidelines that a normal landlord would have to follow.My question is, now that I'm getting a second property, renting to people I don't know, I want to go back to being as professional as possible, following the right routes, and doing the right things.Are there any forum posts that you guys suggest, in relation to my duties, responsibilities of a landlord, or just tips and things you do to come across as the best possible.Some examples may be;-Do I have to provide snow clearing and salt during the winter months?

@Ryan Thomson Thank you for your thoughts and tips to consider.