The bottom line is that this is completely wasted effort that could be spent elsewhere.

I read a lot of stuff about using oil vs latex and not being able to come to a solid conclusion was one of the several reasons I just replaced the siding.

*Can anyone provide some solid, successfully traditional mathmatical formulas & some key strategic factors when analyzing first time multi-family properties?

I thought the 2% rule was pretty easy to hit in that part of Ohio.Don't get me wrong, solid deal in my neck of the woods in Utah...

That should generate $20,000 or more of cash each year if you invest in solid properties.

I prefer longer term leases, especially with a solid tenant that pays on time.

You would be wasting your time with a collection service.

A big waste is putting new carpet into a rental.

Many people pay the taxes before the close, so there's no sense wasting a bid on a certificate that my become unavailable right before the close.I've spent a little more time looking at last year's auction results and realized that the top 6 winners, based on amount they purchased, all had bidder numbers in sequential order (except one bidder but I'll explain).When you sign up to participate in these online auctions, they assign you a Bidder Number.

I would then want a solid rehab estimate (not just a general statement about the state of the property).