Cleveland, Baltimore, Toledo, Indy etc....You will see net population decreases in most of these areas but these are the areas where the prices are the lowest in the USA and come with rents that are very high when compared to the sales price.

We usually have 2-5 properties a year that we buy or sale.  

In other words, not resold to the government so the bank had more flexibility on the condition.I look at the original commitment letter and it states "xxx amount will be advanced at closing for the purchase of an investment property, and the remaining balance of the loan to be placed into an escrow account to be disbursed as improvements are made".No points, and only one closing, so I don't have to deal with a short term HML that I have to refinance in under a year.Hope that helps!

Quote from @Conte Cuttino: Property is in C+ area but in a different School district that’s B-If I sale I’ll get 30k profit after 9 months.If I keep as a Long term rental I’ll have to convert the garage into a illegal 1 bed cottage at an additional cost of $35k leaving a total of $107k left in this deal after 70% refi and closing cost.

SF investing supports my lifestyle goals better than MF, because it is a lot more passive and I can focus on my other businesses.Which brings me to the next point.

I am based out of Westchester County, NY, looking to invest in multifamily properties.  

Settlement will occur throughout the life of a structure, although in most cases it will diminish over time.

We tend to see a lot of traction on our new listings.

I've learned something in every one of them. 

Have a 27k mortgage balance, sale price est at 415k.