Scranton and Wilkes-Barre

[Jesse Hodges]

The Scranton/Wilkes-Barre area housing prices seems to be really low for multi-families that still have solid rents. Example: 90K asking price for 6/2 (with minimal rehab needed) while average rents are $700-850 for 3/1 in the area. To me this looks like a slam dunk for cash flow. Am I missing something? Id love to hear from anyone else that has invested in multi families around this area and what their experience has been. Thanks!