Also on average property taxes are lower.House hacking is the way to go when just starting out, good luck on your duplex search.

The DealProperty DetailsOakley, OH (this place has been exploding the past 5 years)the street is one of the last places in Oakley that hasn't been improved (until now :) last year, one the other end of the same street, a investor bought up 10 lots for $650k (average property values were ~$100k and they are building a 200+ unit luxury apartment complexThere are about 5 of these types of complexes that have been built within that last 5 years (3 in the last year)Any thoughts/feedback on buying rental properties near these massive luxury complexes?

The number I have heard is that if you are priced right you should get one showing per week on average and one offer per 10 showings on average.

On average we are sending out about 125-150 per that week for mailers. 

They want $90 for it and it is worth about 89"This could be as simple as: walk away.Or it could mean that they looked up similar houses in the area and decided that their place only needed a "minimal" amount of work, so they put a minor discount on the property; say $97k average for similar places, so they think $90k should entice buyers.You need to clarify what "worth" means, for us and yourself.1. 

Jeremy, i simply don't want the liability of potentially being personally accused of 'id theft' and the likes of 'negligent enablement' thereof in today's highly litigious America where it seems like 50% americans are prescribed some sort of psychiatrics drugs and the other half on recreational ones; and the average civilian being practically a professional 'crisis actor'. frankly, and im not even kidding, 10-20 years ago it used to be that young adults wanted to be rock stars. now its practically like every one wants to be 'lawyer'?

For easy math, value appreciation, rent appreciation, and tax benefits are being omitted:Value = 100KLoan = 65KEquity = 35KROE = $3.5K/35K = 10%Ok, 10% isn't bad, I'll take it...fast forward a few more years:Value = 100KLoan = 50KEquity = 50KROE = $3.5K/50K = 7%Well, 7% is the stock market average right?...

I'm finding some deals but I just don't want to buy a property and run into the problem of above average turnover and/or not being able to rent the units.Any insight would be greatly appreciated.Thanks,Brent

But in a decent or competitive market, it just means leaving money on the table as you would have filled it with decent tenants at average rents.  

If average CAP rates for an area indicate that a property appears to be waaaay under valued based on rental income, my assumption it does not guarantee a smart deal right?