Feel free to ask for any additional details.

You'll find a lot threads about analyzing multifamily.This a great site to get educated.In addition to the above, valuing properties based on cap rates is an important tool.

And why would they further discount their potential gains in addition to loosing their expenses?

I wanted to buy a property that was listed about $100,000 above FMV, the owner put in $40,000 of window treatments and RAISED the asking price an additional $250,000.

. - allocating $15k for kitchen, bath & master addition

I then extended the agreement 6 months and discounted the purchase price the $6k to $202k but did not give them an additional credit of $6k toward the purchase price.

He already has the additional three roommates, since they are sharing a location currently and will have some input into what is purchased.I think a lot would also depend on how capable the child was in maintaining order, cleanliness, and ability to collect rent.

If the return is high enough for the investor then the additional return to the rehabber for management may work.Would it be simpler to do the rehab deal with the investor financing and getting regular financing rates (from rehabber) and once the rehab is done then the investor buys half, giving the rehabber 1/2 of his profit, then continue on as even partners with you managing for say 10, or 8 % or whatever is customary for 3-5 yrs.

Additionally, if anyone wants to chime in on the finer points of converting owner/occupant to rental, VA home loans, and incorporating, etc.

We are looking forward to your super conference & gain additional knowledge to build our Investing business.