That area is very good for rentals and flips because of the school district and is my main area of focus right now.

I'm not doing due dilligence on this, just off the cuff, is it current enough to get the main idea presented or is it common knowledge without much beef?

What features do you find important in setting those prices ?

I am targeting the JOCO area as one of my main points of focus.

To all:I am open to partners etc. as well.Also, can anyone provide some info as to how to do the "@Name" etc. in your posts, and other general forum features?

You need to find like properties (similar size, features, condition, etc) in the area that have sold in the last 3 months and make adjustments for differences (small differences in sq ft, etc).

Based upon not lviing there is was never your residence or main home as you did not reside there.You can deduct repair costs, maintanance, improvements. ultimately the value for depreciation purposs comes down to cost basis versus FMV at the time it was converted to a rental.Had you lived in it while it was being rented it would be another story.

Use the search feature at the top right.

But I'm mainly looking to see how to make this deal happen with the other three having mortgages...should I try sub2?

You then have to decide to buy in your market for an appreciation play or go outside your market where the cash flow is better.Nobody is going to sell to you for less when buyers are paying 5 to 6 caps or less for properties in those areas.There are areas with appreciation only, some cash flow and appreciation, and those with mainly big cash flow but little to zero appreciation over time.