Tell me about The Point in Salem MA.

[Mark D.]

What do you need to know about The Point in Salem MA before buying there? 

Some investors say the point is turning over. Others say since it's all low income it will never turn over.

I'm currently looking at building in The Point in Salem MA. It has parking and all the tenets are Section 8 tenants. The rents are below market value. I'm currently researching how I can increase the rents with this type of program. I currently don't have any experience with Section 8 Housing .