My realtor told me the same thing initially “hopefully it will appraise low...” so far that hasn’t really worked out for us

Thanks Derek for the advice that's really helpful, and yes as soon as she told me I shared my condolences and did ask a little bit about the situation but I didn't want to dig down too much to the point where it may be too personal for her to talk about to a stranger.I definitely like the part of continuously following up with her and building a relationship, that makes sense and once she is ready to sell then I think I will have a leg up on others.So my next step is to find out the ARV of the property through comps and like you said try to figure out how much repair cost it needs then make an offer.

Hello, I have some questions about the process for having the property rented out, so here we go:1. How do you make sure they pay the water bill? I already plan to have it included in the lease and agreed upon but doe...

I like 8%-10% year one and 10%-14% COC year 2 through 5, with a 15-18% IRR.I hope my initial recommendation on Multi Family has confused anyone.

It’s always been intended to be a buy and hold but to be honest I didn’t initially think it would appraise for as high as I do now.

One step further, we'll generally see MF Properties lower, around 20% land.

My next step was to confirm financing by talking with local banks.

I start my initial screening analysis using 55% for expenses and current rents for income.  

. - I actually came across that article in my initial research. 

I cannot speak directly to the Houston market as I am primarily focused in NH and MA, but I figured I'd share some insights and thoughts I have based on what you've said.First, you do not have to be handy to successfully complete a fix-and-flip, AND, you don't initially have to have any contract contacts.