The comps in the area range from $275K - $330K.

I'm thinking in the 20-30 unit range.

So, you are able to sell your house to a wide range of clients.How much would it cost the seller?

The difference being fiduciary duty is owed to Clients, while the duty to Customers is little more than simple fairness and honesty limited to non-privileged information from their client.My (biased, yet sound) suggestion is to find a Property Manager that you are comfortable with, let him know up front what your long range plans are (hopefully you will try his services at some point) and work with him as a Buyer's Agent.

They are all over the board as far as price range, but generally they are 75% of market value or lower.

Please help.I already found some buildings with good positive cashflow and a good price compared to the 10X NOI rule, That range in price from 750K to 1.5MBut I think it is very importmant to start this on the right way in order to prevent problems in the future.Thank you

Many "improvements" have zero added value, but will reduce operational expenses by eliminating or reducing piecemeal repairs and costly, inefficient, service calls.I always TRY to offer units that will attract the top 10% of the tenant pool for the price range... you get top rent, fewer headaches, less turnover, and lower overall operating expenses.As regards commercial property--typically this is NET NET NET and improvements are not an issue, other than negotiated TI's for a new tenant.

-purchase price-desired profit (I plan on $10,000 for any investment up to 30k and an additional 5,000 for every 30k after. ie 30k purchase price I want to net 10k, 60k purchase I want to net 15k, 90k purchase I want to net 20k)= Maximum allowable purchase offer priceHere is a sample deal on one I am in right now.Purchased property for 52,000 (reo)inital closing costs including inspections and appraisals 3600renovation costs 19000holding 10 months @ 750 a month ... 7500Conservative ARV $120k minus my 12% (see above)arv 12000012% final costs 14400holding costs 7500renovations 19000purchase price 52000estimated net profit 23100I wanted to make atleast 15k because it fell between the 30-60k range for inital purchase price and if it sells early great, but I always start with talking to an appraiser and seeing what the conservative ARV will be and go backwards from there.

I want to try and make a deal that will allow me to get as much as possible down, 100k to 120K would be a good range.

Given the range the value of specific titles will vary.I would spend money of coffee/tea at a large bookstore and just read for free.