I've heard of people.doimg that and losing money.Check your comps manually using the enemy method.

I did learn a lot from, and still do, the non-pay methods, but the best came from the ones I paid/pay for.Also, just jumping in doesn't teach you anything but what not to do. 

Same thought process goes for a Duplex or 4 Unit.Once you are comfortable handling everything on your own, then you can be happy when others are paying for your mortgage and related expenses and raising the value of your performing asset.IF, however, you feel like you would struggle and stress out over vacant units and high expenses, then you may want to rethink your strategy or downsize to a Duplex.You also need to be aware of the changes in tax breaks, deductible expenses and overall accounting methods used for when the building is occupied by the Owner so be sure to discuss your overall strategy with your CPA/Accountant before deploying your cash.Good luck!

What does your actual purchase price usually come out to be using your method?

That seems to be a very popular method of investing in SW Florida.

If there is more than one Note or if there are liens against the property, this method obviously gets more complicated.

My method is I make one quick walk through the house to decide if its worth a closer look.

I used the point A&B just as a method to separate the difference.

It teaches wrong methods.'

The lease isn't up until April of 2016, and I don't plan to raise the rent until then, but I am thinking to try to get it up $110 more from where it is now (but still about 100/mo under market), and am thinking of writing a letter to them when there's about 6 months left in the lease to break the news to them.I would also be willing to offer to raise it $30 every quarter over a year as a grandfather method, and lock it in an additional  year if they agree to it.It's that, or I've also thought of taking it to market value (but again this is 200 more a month which is a big increase) and offering to remodel their kitchen.