Most investors aim for $200–$400/month after mortgage and operating expenses on small multis.Some will try to find the 1% rule, and in smaller, cheaper markets it’s possible to see $400–$600/month.At the end of the day, what matters most is comparing your deal to the norms in your market, the condition of the property, and whether the rents are already at or close to market, or if there's an opportunity for you to increase them. 

Much faster and cheaper than a foreclosure.3.

From a tax perspective, the depreciation on the condo will be a big win for you, it reduces your taxable income and offsets the rental income.

If you sell those, gains would generally be taxable, and depreciation recapture may also apply if any are held as rentals.I’d happy to walk you through how to structure it most efficiently when you're ready.Feel free to e-mail me or reach out anytime.

If your goal is to focus on getting more deals and worrying about MAJOR expenses such as a rehab costs, holding costs, etc.. working with a broker is the "cheaper" solution. 

In a sense, yes they are cheaper but they are the worst when it comes to claims. 

I've reached out to several realtors and have they haven't been able to find any properties that need some work done and will be cheaper.

The West Coast in general is an appreciation market, where home values are likely to rise over time, as opposed to a cash-flow market, where homes are cheaper but don't appreciate as much.

We're in the same boat but with a cheaper property.

It’s faster, cheaper, and immediately reduces tenant complaints.4.