Only time they really get bought is buy a novice who thinks they can turn them into something, only for them to later find out that it's cost prohibitive.

To me that is requires major compliments, and the review I posted is not appropriate.They really are going above and beyond in this circumstance and its not fair to them to keep this post online just because I wasn't able to reach them and discuss this over the weekend right after new years.PLEASE reconsider taking the post down.

@Max Bellino For smaller properties like your 2–4 unit multifamily buildings, an online cost segregation study is a quicker and more cost-effective option, providing sufficient accuracy for straightforward properties.

So no you just bought a lot worth $25,000 for $100,000. 

Dumb question - but are these auctions online only, or in-person? 

We just closed in late Dec so the financials are a work in progress but we’re projecting and tracking closely to a 55% expense ratio and should have about 11% CoC in year one through the renovation period as we get more renovated units online. 

I’ve been starting my research by seeing what is being bought and what is on the market, and live nearby so would like to check out neighborhoods, but am wondering which neighborhoods I should invest in?

PS; What ever I'm doing isn't working because we haven't bought anything. 

He has an online network called Financial Friends Network.

You can pretty much learn everything you need to know about S8 within 2-4 hours online!