David Greene's books are awesome as well.

@Michael DeHaanHere is the property: https://www.zillow.com/homedetails/607-S-Greene-St-Spokane-WA-99202/23525005_zpid/Most likely built quite a while ago but not sure.

Some developer-owners are building multifamily to the Passive House energy standard, paying tenant utilities, charging as if energy efficient, sending a tiny fraction to the power company, and banking the rest.

Some developer-owners are building multifamily to the Passive House energy standard, paying tenant utilities, charging as if energy efficient, sending a tiny fraction to the power company, and banking the rest.

Here's the background:-House in pre-foreclosure, $42k past due, $300k remaining on loan, auction on November 22nd, house is in WA state-3/2 house with 2450 sf-Good neighborhood, property looks well kept from the outside: lawn is green and mowed, house paint is good, general upkeep and maintenance seems to be taken care of-Comparable houses in the neighborhood are valued at $430-480k, and comparable rentals are around $2500 a month -House is still occupiedHere are the numbers that I came up with:-$200k purchase, all cash from private investor -$50k rehab as needed: $20k for kitchen, $7500 for laminate floors, $2500 to repaint, and $20k left over for unknown costs, closing costs, or wiggle room in the deal.

David Greenes’s books are next on my list.I’ll be browsing the forms, but if anyone has been using these methods, I’d love to hear your thoughts.

But it was a lot of wasted time and energy on people who wanted to sell me deals I didn't want to buy.

You just have no idea the bad taste or different taste than yours that some people have.When I bought my personal home, the master bedroom had a linoleum floor that looked like "green marble". 

Business can be moved to a new location as the greenhouses are able to be relocated (after the development option is green-lighted, for example.)There is also an exclusive option to buy the next-door lot, 4.4 acres, for $400,000.The zoning, SFT Medium density, is zoned for up to 6 units an acre.

Also, run those numbers (if you havent already) past some other people around you that you trust and see if you get atleast 3 green lights of approval.