Definitely a fixer upper, like $25/foot for interior, exterior, landscaping, asphalt improvement.

After spending over 18 years in the healthcare industry, primarily in Nutrition & Wellness, Quality & Risk Management, Patient Safety and Performance Improvement I've decided to do something a little different.

I know the market well and am confident in a rent of around $1400 give or take $50.  

C and I have an amazing relationship and I walked away from the meeting confident that we were on the same page and that things would be fixed before they got too bad.

If 5% is a number you are confident in, use it.  

I am focusing on wholesaling multi-family Class B & C properties, in c+ areas, no war zones, between 5 and 50 units, with a value play to them like high vacancies, deferred maintenance, improved management, repositioning, or rehab in Western WA.

With that to the side, I recommend getting yourself set up for real estate first by improving your credit, cut debt if you have any, do odd end jobs or get a second job to save, be creative about work too such as put yourself up on Craigslist to put up lights for people for Christmas so they don't have to.  

I'm pretty confident I can get the investment backing, but I want to get my ducks in a row (renderings, investment return, etc|) before I approach my pool of investors, so as to look legit:)  Before doing that, however, I want to be able to articulate the structure of the deal.In the case where the land owner is involved, is he/she a equity stakeholder with a preferred IRR in the deal?  

If you buy at the right time and in the right location, you could get yourself a bargain deal that will increase in value as your neighborhood improves.

I’ve doing some research around my area for potential properties with needs for cosmetic/moderate improvements that I could flip, and I believe I’ve found one.