For example, the unemployment rate, relatively low, is 6.5% versus MA's 3.5%It's been a long time since I was more familiar with Springfield, so I'm not sure about the impact of the casino.In general, similar to other working class cities like Fitchburg, in Springfield I'd imagine you'd fine the following conditions:- Attractive Cap rates- Medium vacancy- You're paying a realtor or property management company to find tenants (in higher end cities the tenants pay the realtor fee)- Section 8 tenants -- could be a negative or positive, depending on your view.

Still, if you do your numbers correctly, your net cash flow is about $150-$200/door.The challenge here, and I imagine in any market right now, is that you can't get returns like that unless you're doing some work.That $85k deal?

But still, I'm getting it done, much more than I could have imagined some twenty ago before my first property rehab.Newbies, WE ARE NOT YOUR ENEMY.

That's a large expense and I imagine that would wipe out the tenant's whole security deposit.

I imagine this would take close to a year if all went well, and eat up a lot of funds.

I could not imagine running a STR myself or even getting it started.

I imagine I am making rookie mistakes but am learning as I go. 

I'm also curious about creative ways to finance the project as its hard for me to imagine a bank loaning me this amount of money.Thank you for any input and questions. 

Personally I wouldn't use Zillow, I can only imagine they want to introduce a future fee for the service.

I am also interested in finding such events in Lancaster County and have found this to be much more daunting than I imagined.