In different markets I have study the ones that did not boom, but just maintained slow steady inflationary appreciation, rents and mortgage payments for homes remained almost equal.

I have 3 duplexes for sale (well-maintained) next to each other and one pre-foreclosure next to a beach...great ranch home.

We're fairly new to investing and have maxed out our ability to finance SFH rentals using our own money.

I know how to calculate the cap rate.If i want to know what is the fair value of the MFH:What cap rate should i take into concern in order to know if the property is undervalued?

It's a fairly large group (150+) so it is also a great resource for networking2) Your Castle Real Estate - training classeshttp://www.yourcastle.org/events.cfmTechnically, this is not a club, it is a real estate company.

You need to KNOW what work is needed, what is typically involved, and you need to track it fairly closely (you don't need to count screws, but you better have a good idea of how much paint is needed per SF, and perform at least some rough job costing!).

But I am fairly new to this industry... can either of you ellaborate on "subject to"?

for me, Financial independence is a term which refers to having enough money and/or other assets in such an amount that any additional income is not required to maintain a desired lifestyle.

A bit more complicated but seems to be more fair than #2.What do you think would work out best?

Hypothetically - Chances are, some houses that are listed for more than 120 days would not have been maintained well, they would be sold as-is, banks will be willing take a very low price as none turned out to buy that house - That would be something you might wholesale.Dont look for 1% rule or 2% rule when you want to wholesale.