Go to reia meetings and foreclosure auctions to find te investors.

They do vary a bit depending on everything (schools, neighborhood, proximity to water, size/location of property and so on), but 12+2=14K are good starting points to do numbers on small multis.For cap rate,Cap Rate = ((TI-TE)/PP)*100Where TI = Total Income (yearly)TE=Total Expenses (yearly) PP=total Purchase Price including closing & financing costs That's for rough numbers.When I do detailed numbers, some parts are adjusted.

It is a mix of te listin agent, third party agent and appraisal.  

Personally i like to make sure my properties make me money above my expenses this way i have the money for emergencies or for investing in other properties so that i can earn more money though income and " built in Appreciation" or equity.Here is an article that may help you: https://blog.realtyshares.com/what-else-can-irr-te...

The major concern is that te subfloor doesnt rot.Over the years, I have renovated many dozens of bathrooms and I would say about 90% of them had rot issues due to leaks at the flange.

Yes theyre trying to sell a car however you are cold calling.The other thing you can do is pick a prefix in te area you want to buy in example 871 and call all of hte numbers in that prefix.871-0000 871-0001 871-0002 and so on.

What woories me most is (i) the fact that te property could have a high vacancy rate and (ii) the fact that the house could suffer acts of vandalism.

Another option, if you don't want to be dealing with tenants anymore could be leasing option; basically you rent it out under a contract for a few years (2-5) to somebody who would eventually want to buy it at te end of that lease..

I appreciated their honesty when they were unsure, and te thoroughness of checking it out. 

A few services that appear to offer some additional coverage for tenant screening reports: https://www.turbotenant.com/te...https://www.tenantmagic.net/re...https://www.myrental.com/https://www.tenascan.com/