I know the prices can be high, but there are definitely opportunities out there.

It's a total gut job but I believe it's priced accordingly - I'm going with a contractor today to get some numbers since the area it's in houses have sold for over double.

Also, can anyone recommend a solid accountant for everyday investors who can provide reliable advice and is reasonably priced?

Given that these properties are tied to prices from 3 years ago, we don't want to risk losing the deal by splitting up each property into a separate contract.

In our state (Washington) if you own more than 4 they ask for the other unit rental prices.

Credit score- the higher the best. 760+ generally gets best pricing for investment property loans with most lenders. 

Hi Chris, I am currently working with a local investor client of mine looking to shift his REI portfolio away from SFR and more so into larger apartment complexes in the Northland Region of the KC Metro.I have been underwriting and analyzing deals recently in the $800k-2.5 million price range for him, so have 'my finger on the pulse' of what's available right now.

In the Reno, NV market the single-family is out performing the multifamily because of the short supply and higher prices.

If you are not covering expenses, you should review pricing and see what other comparable properties are charging.

Sellers over price the property in their mind and belief, so it requires some negotiations once they are located.There are plenty of properties that have not been on the MLS to buy, but the techniques we use to buy them means we have equity at purchase and we don't need to use banks to do so.It does require capital, and an understanding of what makes for a safe investment.