Could I have predicted that it would play out like that ahead of time?

We are under contract for 7 blocks of quadruplexes.28 units Contract sales price=$1,575,000Appraised value=$1,700,000 (real appraisal done 01/16)NOI=$156,000Average cap for area =7%current average rents per unit $650Comparable rents=$750/unitThis is a value play rather than for immediate cash flow which is not particularly impressive as COC return is in the 3% range per bigger pockets rental calculator.What do you think?

Water and power were on did not see any plumbing issues, foundation, or roofing( in attic) issues.  

Of course, cash offer is king and allows you the most bargaining power.

So back to the beginning, it depends on what other factors are in play, how much houses cost in your market, what the return on the investment is, what the cash flow is and also how much experience you have. 

There would be additional hits to your bottom line as a result of that so be very aware of how it ties in to your investment calculations.Lastly, you always want to talk to an loan agent first so you can sit down and determine your buying power.

The sub-market you're in will play a determining role in what strategy will work.

In my opinion, some may have to talk to several agents until they find someone genuinely to be simpatico.As for the contractors, I have a company that is short on man power but the owners have a ton of experience - they can't do it all on their own though.

But remember, these are college students and they might not want to live in a residential neighborhood full of couples with children playing everywhere and the home owners might not want the college kids in the neighborhood either!

Have had challenges findings/lining-up GCs in the area (myself), so have to play the part myself.