If you want to get fancy you can hook them up to your internet and they automatically generate monthly usage reports.

For probate you need to pull Maryland probate dockets to determine if there is real property involved... and for tax sales you need to obtain the tax sale list from the county/city and then do your own research on each property.

How do I determine the value of this property?

The housing units must be located in the Syracuse Neighborhood Revitalization Strategy Area.PROGRAM DETAILS Loans of up to $25,000 per unit (including closing costs).The loans currently have a 6.99% fixed interest rate and a 6.99% APR.Loans are 50% pay back and 50% deferred (no payback).Landlords can use own funds to match grant funding.The landlord chooses the contractor (contractor will need proper insurances and certificates).The scope of work for this loan will be determined by the lead risk assessment and code violations.PROGRAM REQUIREMENTS Must be current on taxes & water bills, or in a payment plan.Property must have 1-4 units.Buildings built before 1978 will require a lead risk assessment and lead clearance.Tenant information is needed for properties NOT located within the Syracuse Neighborhood Revitalization Strategy Areas.

I’m very much interested in duplexes, triplexes, & quads I’m trying to educate myself by reading many books BiggerPockets suggested, but I still feel like I’m at the starting gate? I talked to this private lender ...

Since the upper unit tenant has been using the previous owner's wifi and doesn't have internet, I was thinking of having internet installed for $40/m in the bottom unit.

Here is how I do it:http://www.biggerpockets.com/renewsblog/2010/03/10...To use the formula, you need to be able to accurately estimate ARV:http://beta.biggerpockets.com/forums/311/topics/73...You need to be able to estimate Fixed Costs:http://www.biggerpockets.com/renewsblog/2010/03/17...You need to be able to estimate rehab costs:http://www.biggerpockets.com/flippingbookAnd you need to determine your desired profits...I strive for 15% of resale value with a minimum of $15K (for lower priced projects).

The amount of future rent is determined by the appraiser and will be noted in the appraisal report.  

So for example... if you need a new roof which costs $20K a 'replacement value' policy would cover it all however, an 'actual cash value' policy would perhaps determine that the roof was 10 years old and so you might only get $10K and you would have figure out the rest on your own. 

Hey BP I’m working on getting my first flip and trying. To get my numbers right. How are you guys figuring in capital gains tax? Thanks!