Also by starting fresh with a run down project I will be able to use my Design ability to make Very comfortable, high end feeling apartments for less then most people could pay someone to do a low quality updated apartment with all the weird layout and initial problems.I would love to meet any of you who have suggestions or feed back on the realities of making a business plan like this come to life. 

Hi I'm looking to purchase rental properties in Milwaukee, WI. Purchase price ranges from 35k-55k. Properties are all tenant occupied. Because of minimum loan/ property amount that lenders have, I'm having a hard time...

In mine, there isn’t, since the only people who purchase those are investors and don’t get the homeowner appreciation bump.Also, I think that your estimate of $1000/yr in repairs is low.

Great city to invest for the long term with that kind of appreciation, low property tax rates, amenities, strong rental rates, etc  

@Lamont MarableBelieve in yourself Wrote your goals down Buy the ugliest house in the best neighborhood Buy low sell high Be all that you can be Winners never quit There ..

I don't want to demotivate you but instead of low balling offers especially in a sellers market, try to do your numbers properly using either the BP calculator or other calculators out there. 

By then, if you’ve done it right your cash flow and equity should be good enough to make the jump to Montana.Option 2:  owner occupy a single family or condo (all of these options , including multi family) can usually be done with a low down payment FHA loan which also allows gift funds if you need and can get help From a family member) — depending on where you are in the Seattle area, your appreciation might be strong enough in a couple of years to borrow against (or sell) and begin stretching out a bit.Then it’s all about finding an excellent property manager in MT, and if you can’t find one where you want, look somewhere else!  

I had a deal in front of me and need help determining if this is a good value....It is a low cost low income building.I have a break down of all the numbers but I’ll just throw out the basicsGross rent is $234,000 on an upward trend producing closer to $22,000 a month last 4 months, seller has been clearly cleaning things up a little before sellingThe balance sheet that they gave me shows $98,000 NOI but they do not have property taxes listed and makes me wonder what else that they left out..But either way that should still keep the NOI above $90,000The asking price is $800,000Looking for advise from some experienced investors Thank you

A lot is opinion based, but the data should point to a strengthening market, with low new construction deliveries. 

I've been buying in Northern New Jersey and have never gotten anything that low, unless is a run down property that will need significant rehab to get going.