Here is an example of a Fourplex that would bring in less than 2% cash on cash ROI.

For example, NOI and Cap Rate are metrics that are property specific whereas CoC, ROI, IRR, Down Payment are metrics that are investor specific.

For example an email to your property management company dated pre-departure or something.Another thing that the book stated was that the IRS tax code uses the words "ordinary" and "necessary" for expense write offs. 

So with my way of thinking it still has worse cash flow than the Midwest RE.However, it has the property appreciation which has produced a better return on investment for financed buy n hold in the fast appreciation markets than the Midwest has historically produced.I will use our best example to illustrate: Duplex purchased in 1999 for $375K at 80% LTV (to avoid mortgage insurance: at the time you could get financing at higher LTV), so $75K plus closing costs. 

the higher the class of property the easier MLS becomes.Just saying there are alternatives  you just need a good broker... who likes to work with investors.I referred a BP client to my broker in Charleston SC who then bought a 800k duplex.. that she got approved for air bnb for example and its now making her 5k a month Net after expenses and sometime more..  

FOR EXAMPLE: The homeowner maybe bought their home in 2011 for $200k for the sake of round numbers.

I would appreciate anyone pointing me towards these type of deals.The memory of the housing crash is still very fresh in my mind, and I want to be more conservative with at least half of my capital. 

For example, 150k from my Ira,50k from wife Ira and 70k from personal cash use it for 30% down payment for a property in Southern California.

For example, I was looking at a condo complex nearby, and they're selling for about $108/sq. ft.

Then you're going to need to do a title search and figure out exactly what the liens on title are.For example, let's say Butler County RE taxes have priority over everything other than city taxes, HOA assessments and child support.