Is this a good deal

[Jay M.]

picked up a 4 plex in the central Phoenix Downtown area, for all you Arizona investors it is in the Garfield Historic District, 12th Street & McKinley, Purchased it as a lease option 24 months @ 119k with 1k down needs up to 7k in rehab, can cash flow up to 1k monthly. So tell me since I am new if this is a good deal.

[Nick J.]

Jay, why are you even messin with the hood LOL!!!

I grew up at 16th st/ Mcdowell (right around the corner from 12th st/ Mckinley) and went to North High from '93-'97 so that should tell you not only am I very familiar with this neighborhood as I spent my years a delinquent there.

I still have friends that still live in the old neighborhood but it's not somewhere I'd consider picking a L/O unless the numbers were really really good!

my number is below in signature, you should call me and we'll discuss this property.