.- 2nd Story: 2/1 - Nicest finishes, only missing upper cabinets/shelves, range hood, less outlets than I’d prefer, large pantry and enclosed livable back porch.- 1st Story: 2/1 - Mid grade finish, missing upper cabinets/shelves,, range hood, same electrical / layout.Garden: 1/1 - Mid grade finish, ceiling hight is good (lower in some areas, assume for boxed out utilities), floor carpet / tile but noticeably not level.

@Joe VilleneuveLong term goals are simple, excellent and diverse positive cash flow and assets to fund a somewhat early retirement.

We are replacing our:-oven and stove top ( with coils )-range hood-refrigerator-washer-dryer-dishwasherWe are looking for stainless steel, reliable and cheap!

And what a great price range for your multifamilies!

Some of the basics to look for in a area are:Population growth Job diversity Crime ratesCost of homes vs rent priceJust ask google about the first two and most of the bigger listing websites can give you the last two....realtor.com trulia.com Zillow.comHope that helps.

We are still seeing levered cash returns in the 7% range and appreciation over 10%.

I would find a property in South Vegas or Henderson (above your 225K range) , Near Nellis bases is the best area in Vegas for cash-flowing properties in your price range , BUT if you are ok with the area and can find army buddies to rent to.

My ARV for this home should range from $245,000 - $260,000.

I'm looking to purchase a multi-family property in the 100k-150k range. 

In addition, rent increases will improve the cash flow situation   The BP spreadsheet on buy n hold returns shows by year 8, the total cash flow for coastal CA markets was in the mid range of the cities evaluated (and the spreadsheet had property tax mistake for CA and therefore under calculated the cash flow).