Most Investors entirely miss the big picture and suffer large losses when things change.

It's a lot of pictures, so hold on tight!

Especially if already buying at the top of the market.If a buyer's financial picture suddenly changes due to large purchases, a lender would want to order a new appraisal to take another look at the deal.

(Picture a 2,000 sqft house from the 1970's that is all original on the inside.) 

Try posting the picture and I will be happy to look at it and see what I think. 

IMO you need to learn how to run ALL the numbers ... no, I'm not saying you need to depend solely on market appreciation, but yes I am saying that if all you look at is day one cash flow, then you are not seeing the total picture.

As soon as I saw the picture you posted I remembered reading it.

Would need 10-25k based on drive by and pictures.

Little did I know the people I thought were looking out for my best interest, would be the ones to paint me a beautiful picture of the perfect paradise, only to later find out they would be sending me right into the eye of the storm.

I've been looking into listing of multi-family properties on the market, I'm confused, Some properties that show pictures/description saying that they have been divided and are selling as multi-unit properties are listed under "House type" as "single family" properties on zillow or trulia etc, but then there are multi-family properties that are listed under "Multi-family" properties?