From talking to people around the area the neighbors pay anywhere from 40-80$ every three months per unit. some of the neighbors i asked have their own house two bed room one bath or two bath, the four plex i will be getting are all 1/1's.  

Before getting too involved in the numbers, I'll give you all a little background about myself - I'm 29 years old, currently own a fully paid for 3 bed/2 bath SFH in the Tampa Bay area and while open to going other routes, I'm leaning towards investing in additional SFHs and renting them out.I apologize in advance for the long post, but I want to give as many details as possible. 

We bought an old 1 bed 1 mini-sized bath Lake house & literally gutted/rehabbed it into 4 beds 2.5 baths.

The FMR for 3 bed home in this zipcode is $2100... which will turn my meager 2.2% to a monstrous 15.3%. 

Purchase price: $169,000 Cash invested: $13,000 A beautiful 3 Bed 2 Bath home on a good size property.

You have now increased the value of the property with out changing the revenues because of the potential future revenue increases that are now possible.Example 2You have a 10 unit retail property with an average life of lease at 6 years in an area that is rapidly redeveloping. 

Hi all,I currently bought a 2 bed, 2 bath condo a 2 year ago here in San Jose, CA.

Paying retail of the MLS?

I am looking at purchasing a single family with 3.5-5% money down. a single family with 4 beds and 2+ baths with a garage under 180k is ideal. furthermore, i am having a hard time qualifying for a mortgage because of my income (less than 20k a year). 

Just make sure it's an accurate comp of course (same square footage, condition, number of beds and baths, etc.)