How I determine my bid price is I run it through my calculator I built that analyzes 10 different options / scenarios and I bid on it based on a specified return I am targeting based on the worst case option.

Do not use tax assessments to determine the Market Value of the property. 

Flu, snow...things will pick up.

Determining current rents is not rocket science........ call a management co. or better yet go on an apartment site and come up with your own number.

What line on the tax form does the loan processor look at to determine last years income?

I am SO determined to get started.

That will help you determine which path you really want to begin, then you can focus on learning more about it.

We are looking at multi-families today and have been trying to determine the cash flow on the properties.

I’d love to stay in contact with you, and pick your brain every so often.

Just trying to determine if long term, even though the tenants may pose a larger risk, in the end result with a higher return.