Happy to answer any specific questions, but in general, it's definitely doable.You should try to determine why a particular site wasn't built-out originally? 

Antonio Esquivel I need someone to verify my formulas. it pretty much calculates everything automatically and income statement is specific to a realtor.

Depending on the market and your specific criteria, they may also be much more difficult to find.

This type of transaction is often referred to as tenants-in-common transaction and specific rules apply.

I hope you find these helpful.Landlording on Autopilot by Mike ButlerBP's own The Book on Managing Rental Properties by Brandon and Heather TurnerThe Unofficial Guide to Managing Rental Properties by Melissa PrandiI think it'd be worth the time to also look specifically at books or resources on how to manage property managers, as an out-an-state investor with regard to Texas.  

Specifically looking at duplex to quadplex investing but am not ruling out single family houses.

@Dustin Battas There are specific insurance programs for flipping a home that most personal insurance agents are just not familiar with and can not provide options for. 

Hey Tom Kuhen can you be more specific in what timelines you need.

In those stories of how you had to overcome specific setbacks and obstacles is where the true knowledge gets tapped into on this site.  

Brooklyn specifically.