Hi everyone,My wife and I are looking to get into real estate investing. The plan is to buy a couple buy and hold single family homes that maximize cash flow and hopefully appreciate nicely over time, and continue to ...

As for financing sources, you really need to pick up the phone and call.

In those cases or other specified large rent increases that cause displacement, landlords would have to pay relocation benefits, with increased benefits for the disabled, seniors and those living with minors.The measure would also create a nine-member rent stabilization board to determine annual adjustments, hear petitions for individual rent increases and pursue remedies in court.

Have a realtor pull recent comps for the property to determine ARV.

The building has 15 efficiency units, 3 1BR units, and 6 2BR units.What process should I use to determine the ARV of the building?  

A pre-ordinance (built before July 8, 1957) residential building or building of mixed residential occupancy, not complying with the requirements in force and applicable to the building at the time of its conversion, may be altered so as to legalize one dwelling unit, in addition to the number of dwelling units originally authorized, providing that said unit was determined by the office of the zoning administrator or the zoning board of appeals to have existed prior to July 8, 1957, and provided such building complies with the other provisions of this chapter.

We picked the house up for 235k from a wholesaler and houses with similar square footage on the river have sold recently for $450k on up.  

Account Closed the biggest thing is to pick a multi unit that is in a high rental demand area.

I'm going to do my due diligence and determine my numbers, and the best use for the property whether that be as a rental, a flip, etc.

I have 30+ properties and tag and allocate mine twice a month so it is easier at the end of the year (yesterday I did taxes on 24 of them in 6 hours)  How are you able to determine what property is performing and what isn't without tracking it by property?