Loan Amount: Total loan amount of $63,750 or 65% of After Repair Value, whichever is less (Subject to appraisal, inspection, applicant interview and additional underwriting.

They are in the mid $100k and are about 10%-15% from 2007 in good neighborhoods.This isn't a bet on appreciation as they still cash flow but moreover future planning/selling.

It's very simple to make a spreadsheet that sounds great, realistically much harder. 5 single families are much more expensive, time consuming, and a hassle to deal with versus 1-2 properties that have 5 units total.

New construction costs can vary on several factors - land development, total sqft built area, on-site/off-site utilities, retention/detention area, covered/open parking, type of foundation and the list goes on.Do u have all permits from your City/County?

If, however, we're talking cheap plastic run-of-the-mill blinds, I totally consider that my responsibly to repair. 

Market rents should be about $1300 per unit+ or $3900+ total so current rents are below market Thanks!

But, charging someone who is financially making a difference with their income(rental housing) to their community in the first place is totally wrong and people in Oakland should put their foot down now to stop this before it gets out of hand worse then now.

Cash flow about $250 a month each or $750 total.

If my low ball offer is accepted, and I end up spending a total of $5-7,000 (adding in extra for labor and any surprises)  on repairs, with an estimated monthly income of $650-700 in rent, and yearly taxes at around $1,000 I'm estimating I could make a pretty decent profit, according to my math it would pay itself off in less than 3 years.

Are there other costs that would bring the total to $10k?