We have a ton of blogs on different neighborhoods on our site, feel free to check that out. 

Low income neighborhood, yes, huge returns, not really, but it was all cash; net for me was $10k.

He had a client who was debating between buying a small apartment building in L.A. or spreading out capital on multiple units in Phoenix.. after running the numbers with a dedicated local realtro who actually drove around neighborhoods, he opted for Phoenix because he could get more doors for the same cost.

Speaking of loans... how much $$$ do you have liquid, what's your budget, and what neighborhoods do you want to buy in?

From my experience, here are a few property management companies that my clients have worked with:ERA Solutions: They have a strong presence in C-class neighborhoods.Realize Property Management: Better suited for A and B-class neighborhoods, though they do manage some C-class properties.Ohio Elite Management: Primarily focuses on B and C-class neighborhoods.

Anything smaller may not attract larger investors or offer the economies of scale needed for profitability.Design Style: BTR developments often consist of attached townhomes, usually with features like garages and a more upscale design to appeal to renters looking for something between an apartment and a single-family home.Location Factors: The success of your development depends heavily on location.

Can I pick your brain about the different neighborhoods of Poughkeepsie? 

As often happens with a HELOC vs a traditional mortgage.For example, if you mortgage rate is 5%, most instances your HELOC (assuming you are using it to replace your mortgage in 1st position) rate will be in the neighborhood of 3%.Continuing to make your mortgage payment (based off 5% interest) towards the HELOC would allow you to pay it off dramatically faster - relative to a 30yr note (the impact is greatly decreased on shorter notes). 

I have an up-down duplex a few blocks to the west in the Sheridan neighborhood - both units are 1+Den/1BA apartments. 

My monthly mortgage payment will be approximately $2,100.Comps in the neighborhood are currently renting for around $2,600/month, so my plan is to live in the property for 1–2 years before renting it out.