Aside from the excellent points that @Dennis Yosco brings up, one thing to keep in mind with Newark is that much of the city falls into different historic districts, and the Historic Department can be tough.

A desktop application (such as quickbooks) is needed for quick data entry and flexibility in case we make any mistakes.

I don't really mind working with an agent just that the agent but I am not sure why I would do that if it means filling in a traditional contract, fax to him, then he re-enters the data in a few days.

And as my favorite data provider says, "You just cant get data this fresh unless you are sitting at the courthouse yourself."

Other items you might want a contractor to give you an estimate.A handy book to consider is RS Means Residential construction cost data.

On a flight strip, there are boxes that indicate certain requirements and data.

The owner wants 1,191,102for those properties.Incumbency summary.Mobile home park + park owned homes are free and clear.6 unit apartment - mtg balance $36,866 @ 6%duplex - free and clear.Vacant lot - free and clear.26 SFD as follows Price Mtge bal219 N Wash40,12733,430320 Oak40,61325,590720 Picher 25,34023,120730 Picher 29,07330,324732 Moffet 27,34728,929901 Roose 112,92036,866909 Connor20,92722,253920 Jackson25,74028,6191501 Valley22,86723,4891604 Minn 26,29321,4901718 Connor43,927clear1810 Pearl 47,38048,2491820 Wall 28,08025,9631823 Redbud127,790128,046312 E 19 12,00032,466318 E 19 9,000clear1902 Kentucky17,000clear <-2br burnout. 2115 Bird 48,04042,9052124 Adele13,393clear2224 Murphy29,69322,2532302 W 4 21,28021,4532540 E 12 128,790102,5502815 E 16 59,49245,5012903 Schiff32,86725,4464309 W 27 106,81098,7935796 Harrison62,700clearTotal Incumberances - $867,735Still working on comps data right now for SFDGross Financial Summary yearlyOverall CAP 15%Gross/Net income from Mobile Home Park - $379,451 / 165,243Gross/Net income from Homes - $178,113 / $133,840Seller SummarySeller is an older Gentleman looking to sell to purchase a Motel closer to where his Son lives.

Our budget here is the same.Once all the internal bits are done we will reside the building - and are planning to add another 1" of polyisocyanurate hardboard insulation {which will require removing and resetting the windows we just installed to adjust for the new wall thickness ... a little rework that we have not found a way to avoid {yet}]Once all the above has been completed, we will conduct our "post retrofit" energy audit to see if we hit our target of scoring 75+ out of 100 with fewer than 3 air changes per hour.As you stated, the long term goal is to keep our buildings attractive to tenants by making them healthy, efficient and modern (while retaining their historic charm) homes as energy costs rise.

I listen to the big ones, BP RE, The Real Estate Guys Radio, and more that talk about RE news/data/trends.

In my experience Medicaid is more concerned that it is an arms length transaction than the actual sales price data.