Secondly, depending on the interest rate you get for the new loan - a highly leveraged property may not cash flow or cash flow well - so one missed month of rent due to vacancy or a major expense comes up - that wipes out your cash flow for the entire year (or more!). 

Depending on your strategy whether swift and fast turn around, or collecting doors over time, Numbers and Comps.

Prices on existing 2 families in this area range between 1-1.3M depending on the condition and neighborhood.

It really depends on the area and type of property, as in many neighborhoods people would prefer a bigger yard over a pool that they have to pay maintenance for. 

As for your out-of-pocket costs, it really depends on the property and your specific situation, but budgeting around 5-10% of the purchase price for these extras is a good starting point.

Hey @Agustin Rossi - the answer is that it depends on your offer. 

Choose the right deal first, use OPM, do not put all your time in it, find better neighborhood, never live in the house which is in the rehab stage!

CA flipping can be very different than TX depending on where you were doing it... ie.

Depends on where you are. 

It depends.