Should I buy this Rental

[Rob Smith]

My Brother is offering me a house to buy on this street a am try to find out if this is a good area and if the numbers sound good and ways to structure the deal Help if you can  

-Sale price $84,700

-Wants me to pay him 20% down and he will keep it all in his name and i just make his payments for 2 years then i get a loan for my self and buy him out ( I had a short sale 2 years ago i can not get a loan wright know) 

-so basicly i am giving him 20% and he is going to run it like he still owns it i will be responsible for keeping it rented and paying for every thing  

i am wanting help finding out if this is a good area and is it a good home to buy it should rent for about $975 to $1000  a month 

[James Wachob]

That is steep for Parkway Village. I'd be happy to pull comps.

The key is to find a great team! Ideally you would find a company that has everything under one roof. Acquisitions team, renovation crews (fully licensed and insured), Property Management, and a Real Estate Investment Brokerage in case you ever decide to sell.

By teaming up with a solid firm you can mitigate your risk and have some "boots on the ground" that have your best interest in mind. @Mark Hart