And another question - In BP‘s BRRRR calculator, how do you account for pulling your money out at the refinance stage (at 9-12 months after purchase) and as well raising rents through the years of ownership?

But regardless, you should always start by educating yourself, which it looks like you are doing already.Next step would be to determine what vehicle or strategy within multifamily is going to take you to where you want to go.

You are only responsible for the HOA dues from the time you take ownership of the property and not from before.

You might talk to the tenant to determine terms they're seeking.

Determine if property is still occupied, research if tenant or owner7Estimate RehabEstimate approximate rehabilitation costs based on drive-by (and can view inside windows)8Research TitleSearch title making sure that the deed being bid on is for a first mortgage, not 2nd or HOA or Tax Lien.

After its paid off he will take ownership.

Analyze your rental history and determine what months you will make the most through short-term rentals.

In terms of where to look, i think you have to first determine your goals.

What do you all think of this article? It looks like US will become a Renter Nation. More and more private equity firms are buying thousands of SFHs...American Homes 4 Rent, Blackstone Group, Colony NorthStar, and now...

There are too many variables to determine pricing this way.