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Updated over 5 years ago,
Found a deal outside my area
Good evening and Happy Friday! I live way up in Northern Ca. I have recently been on the hunt for MF properties. There are limited ones up here and preliminary research shows me rent would not even cover P and I. So I started looking outside my area and found a deal. I would love insight on how you go about vetting the preliminary info in analyzing the deal and the neighborhood and city that it is in. What is important? Would love feedback or what others generally do.
Below is the link for the deal I looked at and may be a good town to invest in only 3 hours south of where I live
https://www.biggerpockets.com/buy_and_hold_results/1182314.pdf?c=1564181615