You could easily lose your shirt on this one.

When I estimate 600k and do in depth cost analysis once it is in escrow I adjust the size and style of the house to meet the budget if necessary, so never under budget.

I posted a link to war zone photos in another thread:http://www.biggerpockets.com/forums/52/topics/43032-neighborhood-that-you-wouldn-t-consider-investing-in-

Again, though, I'm not sure its a simple average.Of course there are MANY factors - size, beds, baths, style, garage, parking, alleyway, busy street, next to a sewer treatment plant, etc.

With buildings you have to compare apples to apples.My 20 unit I own is 5 buildings of quad's.They are 30 years old in an A location.They are town home style when you walk in main level dining,kitchen,1/2 bath,living room,and the upstairs each has a master bedroom with a full bath about 1,200 sq ft in each unit.As tenants have told me they like it because it is more like a house feeling.They like the fact unlike an apartment complex where you have people below you,beside you,back of you,above you where you can hear everything.Also you can't control the tenant upstairs using a cheap hose on a washer/dryer and then having a huge water leak into your unit.There are advantages such as those properties typically have amenities etc.Does this building you are looking at have laundry on site,laundry in the unit,or does the tenant have to go to a coin laundry down the road to do clothes??

Many calculations surrounding returns are based on fancy financial mathematics and university style formulas, but those of us who are in the trenches know that it is critical to separate two entirely different realities.First there is deployed v. not deployed capital.

With my bad english I can´t speak verbosely!

But just yesterday I repossessed a house from an investor you used 75% and lost his shirt.

What's up with the typing style?

I don’t understand the foreclosure auctions.