Replacement value (as shown by your insurance bid) is often in the 200's for a SF and sellers would be happy to ask that much for their properties, but neighborhood issues dictate a steep discount.

View reportI have a few questions:When should start looking for an Insurance company?

I bring it up because you will absolutely see a spike in insurance cost after that regardless if the event is serious, That will increase the occupancy rate you need up much higher than the 50% you need now.

I’m reading lein issues, but I am getting title insurance.

Technical default examples: not maintaining insurance on the property, delinquent property taxes, or maintaining a certain occupancy in a multi-family property.

insurance companies will not start an insurance policy if tree branches are contacting the roof of your property. 

What are your taxes & insurance? 

Looking at a fixed 30year rate of about 4.5%-4.75%. and monthly payments of ~$900 without taxes and insurance.

Looking at a fixed 30year rate of about 4.5%-4.75%. and monthly payments of ~$900 without taxes and insurance.

Take away buying costs of 5pct plus title insurance etc (about 6-7k)Take away holding costs of 3kTake away selling costs of 11kTake away minimum profit of 15kMax offer 93kProperty is in a great neighborhood and LOOKS like its a paint/carpet rehab from the pics However, roof is 20 years old, ac condenser is 20 years old.