Man, it seems like you already have 2 feet in the door!

I asked him what it was like to have to put his shoes on to walk from the bed to the bathroom.

Calling the institutions in your area regarding your tenant might be a good door opener for you when you explain who you are and ask how you can help this lady.

Sold comps on a 2/2 in the same complex from August of 2012 (ugh) sold at $115K which would make the target property around $108 a sq ft (but it has only one bath and I don't know how to account for that in the comp - what is the "value" of a bathroom).I've stayed away from really looking at condos because of the HOA/condo fee involved and being subjected to the whims of the condo association, but I don't know if I should do that or not -- am I blowing opportunities by doing that.

Monthly cash flow per door is $279.This would be my first deal.

I have a duplex and one side has a pretty bad odor.I washed all the walls and doors with pine sol then did it again and it does smell better but the smell seems to still be lingering.I at first thought that the smell was from smoking marijuana the tenants were avid users of the miracle plant. add to that they smoked cigarettes.

And yea, the drive from Tacoma is about 50 minutes door to door without traffic, but it's much better than my 2 hour door to door drive that I'm doing now.

Typically for a bank it is 25% down on a four door, and 1-1.5% rate above prime (above best rate) for an investment property.

Ask them what they see expenses per door for a property that size also what they see them selling for per door

Karen MargraveAccess to the MLS for preforeclosure, expired listings, demographic/market values, as well as cash buyers in certain areas and perform some door knocking.