I've heard some people saying as high as 10% since the deal is so good that investors don't want to say no, and I've heard as low as 1% for those who just consider it a "finders fee."

In my market, there is so much demand for multi family properties, a lot of duplexes are selling for high enough to make it a questionable investment.

For instance, in some countries town hall inspections on buildings are carried out when the building is so many years old, and owners will have to plan to get rid of that property before that moment comes, or they should have saved a significant amount of money to pay for the repairs and updates to the building that will be required.

They handle the midnight toilet calls.3) Spend time telling you what the market is so you don't have to do research on things like rent.I understand there is a wide range of latitude in PM companies (just like brokers), but a good PM is definitely worth the fee.

There is so much information out there that we over analyse everything and spend countless hours reading and listening to podcasts educating.

You could try FHA 203k but hard money would be a last option I would think because it is so expensive to borrow that way especially if you aren't flipping it.

The County is so big that you will need to get a little more granular.

Since the California market is so expensive and over priced with very little opportunities to obtain a cash flowing rental, we focus on the midwest states such as Cleveland, and at times Columbus.

We missed a recent water tank replacement by the seller and bought as is so we had to clear the permit and would've budgeted to have updated the bathroom more but overall we were happy with the finish Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

So NOW the mortgage is so far in the hole...Thereby making it very expensive to get into Lease Option deals for the foreseeable future.