I have a 6 family deal on the table.Asking price 420k I think I could get it for 400kReal estate tax reportedly is $4000Water sewer $200 reportedlyInsurance $2700 per yrGas $600 per yrElectric $750 per yrGarbage pick up $750 per yr.Plus lawn and snow careCurrent rental income $3945After purchase projection $4200 (on low end)Cash flow on purchase would be around $1200 a month...Great neighborhood A+ and the property is in great condition...Looking for help in terms of is this a good deal... and if so what would be the best way to structure it?

Over the years I have wanted to sell the property as I didn't realize what a great investment it really was until I picked up the book, Rich Dad, Poor Dad, and read more about real estate investing.

I love picking everyone’s brain I meet and helping out those I can.

I had a home picked and an offer accepted - waited 3 weeks to get off their butt, give me the run around, and then tell me no 2 days before the offer deadline on the house. 

Anyone experienced in C class investments?

I have some interest in seeing the completed work seeing that when I was there the first unit was just started (you had picked out the flooring but it was not installed). 

We got the place ready in time for the hot Phx summer so it was pretty slow July-Aug but started to pick up in September.

Reasons such as that has made me a little more exploratory on building my next MF, I happen to have a nice piece of land picked out :) I think @Michael Seeker has a great point too about the profile of the investor(s).

If you familiarize yourself with the area and rents for that class of property, honestly, rent rolls and taxes won't do much to sway you.

While it may (or may not) pick correct comps as far as square footage, beds, and baths, I doubt it knows neighborhoods--sometime just crossing the street makes a huge difference--or condition.