Give the bedroom sizes. 

What size house are you looking for and what is your price range?

Have a solid full business plan of what you are planning on doing, what resources will be needed, who are the parties involved (attorney, accountant, other investors), what is the business strategy (wholesaling, flipping, buy and hold), what is the market (upper income, working class), economic factors (is it a raising area or declining area of job growth, population size, businesses moving in or out).So many times I talk to new investors who have looked at one or two houses and want to borrow $100k from someone because it looks like a good deal.

I was hoping for more calls, but it was a small sample size.

I mail to apartment owners so when they call me it is a warm versus a cold lead.You can call down a phone book and eventually find a motivated seller but it's no way to run a business.You mentioned apartment buildings.What is the age and size of these buildings??

I budget $1,000 per unit for maintenance and $500 to $1,000 dependent on the size of the property. 

So our pro forma estimate will give people the raw numbers they need to then draw their own conclusions.For my personal portfolio it depends on the age of the property, and how much work i am doing up front, i dont use a fixed number the variables are too great to apply a one size fits all number.As for cap rates, i feel like i answered your question.

What is the minimum lot size allowed for the current zoning?

Afternoon, these are numbers that can vary based on the size, age, and type of tenants.Insurance - Age, subsidized tenants or not, coverage, all play a role.  

This is in modest size city in Washington with a population of 200K and maybe 500K if you include suburbs.