.$5600 total monthly rents...very large 3 bedroom (could be 4 beds) units in 3 family and 3 smaller beds in single family...i estimate my cash flow at $2233 per month...why shouldnt i raise my offer if needed...i guess im just looking for feedback either way

My general formula is to double what I have into the home as the sales price w/10% min down, we do 80-10-10's and as short of a term as we can get away with.

Fred,Tenants double up when they can't afford the rent.

I'll try to double check and get back to you here.Peter

(The one fellow lived is a second floor apt and didn't house train or regularly take his large dog out,,, the other was a woman, a former friend, in a first floor, one bedroom apt.

She earned 1% on every deal and wasn't allowed to double-end a deal.

Since 2004, annual returns averaged around 8 percent and ranged from 7.3 percent to 9 percent, but last decade returns were typically in the low-double digits, the investor said.The fund told investors it followed a "split strike conversion" strategy, which entailed owning stock and buying and selling options to limit downside risk, said the investor, who requested anonymity.Jon Najarian, an acquaintance of Madoff who has traded options for decades, said "Many of us questioned how that strategy could generate those kinds of returns so consistently."

I've seen 800 square foot 3 bedroom 1 bath homes that I could barely turn around in because of the size and layout.

I have found no motivation for letting an REO agent double end deals, as it is really the asset manager of the property making the decision, not the REO agent.

Most outsource sites have rating systems to double check that.That's it.