Do not bank on setting a new neighborhood record on $ / sqft - be conservative in your numbers.I am looking at 5 E Freeman st Newnan Ga We are going to do a 4/3 the price is 140k with rehab budget 57k ARV 285-300. 

We are excited to announce a new Pro Partner - Stessa - who helps investors manage and optimize their portfolios.

Yes it is a blank slate and we are both open to making it work in whatever way necessary.

But the rents don't justify it, for example we are renting a 3 bed 2 bath house with a huge backyard in rancho Cordova for 2350/mo, so duplex rents around here are 1800-2200 ballpark.

Now, my thoughts (full disclosure: I am not selling you anything): I see it as a red flag that the GP is doing a capital call, but you don't know why.

Here in the "Midwest" of MN, we are getting $2,500 - $3,500mnth rents on "bread & butter" SFH.

We are looking into a 2/1 w/ 4/1 

We are sending our prayers for those suffering up in LA.

We are definitely dependent on that population and job growth to eventually gain some profit spread.

The agents seem to think multifamily parcels get snatched up quickly because the inventory in this category is low, but this property also has some deferred maintenance we are trying to decide if we should address before selling or attempt as-is and reflect that in the price.