This may impact the ultra-low rent segment of the rental market.

What impact could that have in different segments of the local economy?

ARV is 125-135k with avg profit spread of around 25-30k.Initially I thought that the low price point would mean lower DOM as you could assume there are more buyers in this market segment.

We prefer to increase real value in properties and not to simply throw in the "granite slab" counters from HD to scalp a few grand from a flip.Given the other articles posted here and the fact that so many of the properties these days are receiving tens of offers, would you all say that this is geared toward this particular market segment in general?

Being in second position for the segment from 74% LTV to 83% LTV?

This old seasoned investor who has been buying and selling loans secured by real estate since the 1960s suggests avoiding this segment of real estate investing unless you have decades of experience.

I actually talk about my experience on the 25th podcast, my segment starts around the 48th minute.

Or ask at tonight's meeting at the introduction segment as to who knows about 6 unit buildings in Lowell, and the need for sprinklers.But it's a fairly simple question to the powers that be.

To find and correctly “read” the true projected costs and income inherent in investing in a rental property – especially multi-family properties -- it is vital to have an in-depth understanding of the market segment in which you are investing, and what it can cost to operate the kind of property you are considering.

I work ferndale actively and have a mailer going out next week to a segment of the market.