buying rental properties

[Tony Sepassi]

I have been looking into buying muiltifamily rentals and the area I have been looking into is Chesapeake VA area. Found one building , it is a 4 unit and owner says it has a monthly of $3100 which is not bad.

My agent tells me the area is not the greatest and he had investors lose money there.  I have been looking into DC but the prices are just to high and it feels like a bubble about to burst.   I have been jumping from one state to another looking for deals and it does get frustrating.

Do you guys have any advise?