Here's a site that has info for some larger markets:Red Capital Group Research.

Yes, I always use private lending combined with my capital to ensure LTV is safe for lenders.

In fact, if you want to avoid Capital gains tax, you have to keep the apartment 15 years.

But I remember a post I read on flipping paper to raise capital that you put down about $5000 for a deposit and have the contract made assignable to whoever you wanted so you could flip it for a small %.

I am trying to find out how much capital and reserves I should start out with for my first Rehab.

I want to put down as little as possible because I need capital to pave the driveway, side one of the buildings, etc....The purchase prices would be 80K (3family) and 50K (2family).

I'm not so much interested (right now) in actually going through w/the closing (since I have a lack of huge capital).

I have held the property at times in order to qualify for long term capital gains treatment, that would be hard to do if I was paying hard money rates.

Telling me that it's a poor rental is clear, but I guess I was trying to see if taking a partner to front the capital and then rehabbing would be best, or if my first impression to assign it with a 10k bump in price is the thing to do, or to lease option might be feasible, or something else...I suppose it's harder to evaluate a home that is in such a different market; this neighborhood is so close to lots of change in downtown, and one of this week's top local stories is the discussion of the new NBA arena to be built just blocks away.

Build some more capital then buy another investment.