-----------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Newly built (2024) duplex in Boiling Springs, SC. List price: 445,000.DP: 89,000
Closing: 8900
Total Invest: 97,900
Projected mortgage: 2500
Rent: 1700 per unit, 3400 total
Taxes: 42
Insur: 263
CapEx: 100Repair...

Im looking at purchasing a duplex in middletown, Ohio.

It is 100% the buyer's / investor's responsibility to do Solid Due Diligence before purchase. 

In my market, which is a fairly economical place to build, I am friends with full time builders that are in their properties about $150k/door for construction level finishes.  

Consider population trends, job growth, and economic stability in these areas.2.

Meet with a local banker & schedule a time to talk with a mortgage broker, they'll give you at least a baseline of what kind of down payment options and rates are out there.After that, if you're still wanting to research more creative options, do some looking into seller financing (a very hot topic with good, and bad, advice out there), look into private lenders, and commercial financing options.If you're wanting to live in 1/4 of your quadplex, then conventional residential loans may in fact be your best option as you can purchase that with a fannie/freddy loan with very low down, and use up to 75% of the income from the property toward your own income. 

Hey Everyone,As many of you know, Pittsburgh is a unique market with a lot of opportunities in neighborhoods where properties can still be purchased for less than $100K.

Some times in between there in rougher economic conditions it was getting unexpected vacancies. 

My plan is to sell my primary home in New York and purchase a house to live in South Carolina.