Either way, yes, at times, it ranged from "autopilot" to "try not to panic" to "I am going to kill that person."

Unless Ingersoll has moved since my uncle built buses there 40 years ago, I would be suspect on any quadraplex in that price range (>100K per unit) generating anything near 10% return, let alone 17%.    

Most of my rentals that I am currently acquiring are in the under $200K retail price range and I'm paying significantly less than that. 

Populations in the cities I have been looking range from 1000 - 4000.

It's in a lesser part of a decent area, I think Zillow is way off (they say $56k), one of the others said the range was $19k-$120k, never seen that kind of spread.

From the previous posts, I can see there is definitely a collaborative atmosphere and wide range of experience. 

Price ranges from ~300k, so obviously just looking to sell at higher price with in a year of build out. 

These sites could give you a range to start with. 

Comps range from $12,000- $50,000.

In terms of market rents for that area, the building does fall into the average range of market rents.