I was really torn between several rental properties, and Max did a great job of laying out the pros and cons of each and guiding me to my final pick.

Contractors deserve to be paid for extra work that wasn't carried or unforeseen, however the investor/homeowner needs to be made aware of the extra before work is done, pricing determined and all parties in agreement.

I’m with Nadia...not know what the expenses are makes it difficult to determine if it’s a good buy or not.

Some of them let you pick a photo of a room that looks like what you have now and then pick different color schemes to update the photo. 

Pick a location where you want your portfolio to be, and begin purchasing in that location.

Think about it, if everything was running smooth as ice most folks wouldn't need to pick up the phone & call us.This kind of stuff really needs to be talked about out in the open a lot more then it is.

That helps.I am also assuming that many of these regional/small banks/credit-unions may not have extensive online presence so i have to pick up the phone and do it the old fashioned way (but not 'too' old fashioned way of going there in person...as that would be very hard for me to accomplish for every potential opportunity i find).Originally posted by @Michael Le:You'll likely have better luck with a local-to-property bank as they better understand the local area and market.

Get paid to pick up your skills here, see if you like it- then go knock it out of the park in NC.

Since we don't live in the states, we're trying to get creative with our funding and investment areas but we haven't seemed to pick definitives in either category (although we have been checking out Georgia and Ohio mainly since they seem to be in our budget). 

If you are flipping you can start in a couple different waysOption 1: base ARV off comps, not all multifamilies are created equal and depending on the area and particularly the condition this could lead you astrayOption 2: base ARV off cap rates which will need to be determined after rehab, and then price accordingly.