Based on analysis, I'd be cashflowing day 1 and there's some value add potential. 

This can lower your tax bracket potentially and you earn interest on the income you would have normally paid Uncle Sam.10) At the close of escrow, move funds outside of the taxable estate to avoid the 40% estate tax on amounts over $11M single or $22M married couple.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

It really depends on your tolerance for risk and how much liquidity you want to maintain.Researching the Waterbury Market:Waterbury has shown solid potential for multi-family investments.

The county health department may have ok'd it, but that doesn't mean whoever lives there isn't going to get cancer from it and sue you later for knowledge.

Do you believe in it’s mid to long term growth potential?

Its not easy and there is potential for multiple degrees of chaos and instability.

Not sure why that happen, however the best way to screen a potential tenant is to see how they have performed in the past. 

What tools can we use to analyze the rental potential in other neighborhoods?