What type of neighborhood/areas are these homes in and how heavily did you have to rehab them?  

But the market will probably be biased heavily in favor of income over appreciation until some legitimate building stock shortages show up in key neighborhoods and until new construction starts showing more promise.

Horseshoes and Hand Grenades; close enough for me.I could imagine in some regions Zestimates could be way off - my guess is urban areas where market value may be weighted heavily on the finishes of a property not just its location. maybe Manhattan or San Francisco.Where I am it doesn't matter if a house is coated in gold; it all depends on the neighborhood.

We would love to partner on the first few deals to get our feet wet.We have been heavily researching multi-family fourplex units enough to know this is our focus and where we should begin!

Not really what I wanted to do, but it gave me more experience and another perspective on things.Fast forward to 2003/04, I got back into real estate investing quiet heavily - buying close to 100 units over the next two years while helping other investors get into real estate.

For example, in FL you must have a land trust or you're paying a lot of money in for an LLC, but in Ohio land trusts don't offer asset protection and an LLC isn't taxed as heavily. 

They advertised this heavily because of the documentary about Kansas City east side that aired just before.

Before we has an accountant start handling things for us we heavily relied on Quickbooks it just is an amazing program! 

If things go well I may be able to help you locate some heavily discounted properties in the area in the near future.

It is going to depend heavily on your local market, and on the time of year.