It may be for rehab price ultimately because I think the lot price for new construction is in the un 20K range for now.

Prices are more likely to drop over the next couple of years, meaning you may see five years with little/no appreciation.2.

If the water bill is $100 a month, increase the price by 20% (or whatever you decide is fair) to compensate you for the time required to split and bill and to cover additional use when tenants squander the utility.

I would say that is true pretty much across all markets, but multifamily has been over priced for quite some time, and even so-so deals are usually snatched up pretty quickly. 

I like New Port Richey because it's a buyer's market for land and there are land use overlays that allow for rezoning for multifamily at lower density if you get about a half acre. same appreciation, better cash flow, lower basis because you build it with a team not buying full market price. 

BP needs to develop AI and use Jay answer as the most "trustable" and "genuine" answer without any string attached.I still remember to this day Jay advice to buy the house that's on median price for that local.

I have a few of my higher priced ones in my personal name because you can have up to 10 conventional in your personal name and they have typically have lower rates, so might as well save them for the bigger ones.The majority are in LLC's. 

Purchase price: $260,000 Cash invested: $5,000 This was a short term lease option agreement to help the original owner get back on track with monthly payments and upgrades.

I've had 3 propertys ready to flip,  in which we only have to pay a % of the already discounted price as the seller will exit according. yet they can't creatively on board me with 3 of the very deals they & I will be doing ??????? 

You can see the law firm who represented us and the price we pay the attorney.