Rarely are there more than 1 bath unless you are going into the higher price ranges.

If you can find something in the 150 range, rents are ~550 so you'd have a GSI of 2200 with 50% puts you at 1,100 with a traditional NOO at 25% down at 5.25 your mortgage is $621/mo giving you $120/doorWith a FHA loan you'll be in negative cash flow unless!

Then if it warrants I book an appointment to come out and see the house and will usually make a verbal offer based on my diligence to that point.I already have performed my comps, I already have a price range that the seller was willing to accept or even the least amount of cash they want, and now at my visit I have a good idea of my rehab costs.

That could range from $250-$1,000 depending on what you have worked out with the investor.

I look forward to the vast amount of knowledge that I will gain from you all!

(I don't make much and I live in the Inland Empire in California) Its not easy to find properties in that price range let alone multi-units in that price range where I live.Now I partly attribute some of my success so far on being in the right place at the right time.I made several offers before actually having one accepted.

The fees I see around here range from $400 flat fees up to $1500 flat fees or a percentage like .05% or 1%.

In one development that I'm familiar with, last year's prices were in the $100,000 to $110,000 price range.

You will probably find that the proposals you receive have a large range/variation.

I'm interested in small multi-family properties in the 2-4 unit range.