If you are a Cash Investor for Rentals, what is a good net price per door $100?

How much investigation of the property and comps does a hard money lender do? Or

I see more clearly that it's not a guaranteed $100 a door, which is what I thought it was at first.

The house built in 1961 is 932 SF 3 Bed 1 1/2 bath. 1 car garage with 2 car covered carport.

By doing what I have done, walk in the door, association/state approved offer contract in hand, filled out properly and proclaim "I want to submit an offer" No one was returning phone calls.

Then start leaving notes on the door with your contact info letting anyone who checks the property know that you are interested.

I have a property thats worth $211,950 but is in need of a few repairs such as New Paint, Needs a Stove, A/C, Windows, Needs new Cabinets and maybe some doors replaced.

First observations:2.35 million for 72 units is $32,600+ per door which is not (in my opinion) a great deal unless it is an A class property.

If the deal is great, buyers will be knocking down your door, and you can start building a list.2.

I'm looking at a REO home in Sacramento with a detached garage that has been converted to an additional living area.