I will definitely take all these things into consideration when understanding my goal and investing.  

Not complicated, but to be honest, I find that a lot of flippers use sub par listing agents to try and save a few bucks, but end up costing themselves more in the long run by having to hold the property considerably longer.

You should also take vacancy into consideration - every day you don't have a tenant in there is money out of your own pocket.

Haha agreed and will definitely take that into consideration for future tenants.

Frederick is a considerably less risky play than Hagerstown.

Hello All,I am a considerably a new real estate agent that wants to start investing in multi-family units.

I just wish I knew this going in so I would take that into consideration with my repair costs .

WE PLANNED ON WORKING WITH AN ARCHITECT FOR PLANS AND DRAWINGS.

1) If you live in it (Ex. buy a duplex and rent out the other side) you an use can FHA loan at 3.5% down.2) If you are not going to live in it you will get an investment loan which usually requires a 20-25% down payment.Other possible considerations: closing costs (a few thousand $), repair costs, insurance/property taxes, Several months reserve loan payments

For the owner financing talk to a title company or real estate lawyer to help you draw it up and getbit properly recorded.