@Frankie PaternoRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Piffard.

Purchase price: $125,000

Cash invested: $38,000

Our Mission: Provide Better Homes for our Veterans and those most...

Labor should run no more than about $1200, maybe $1500.A better quality video is really needed.

Thank you, Yes, the video is 4K quality not 4K.

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The investors that are buying into this development are very quality high and once the builder is out and the homeowners over the HOA, it will be a really well run system.

Trying to find quality subcontractors and writing proper contracts I would not recommend for somebody outside of the construction industry.

At GenAlpha3 LLC, our mission is to provide quality, affordable housing through ethical management, ensuring safety, comfort, and fairness for all residents.

Hiring a bookkeeper to watch the income/expenses is like hiring a gardener to tell you how many roof shingles are laying on the ground after a wind storm instead of hiring a roofer to repair the roof.I recommend that you look for a quality property manager who can maintain the properties and help with the bookkeeping.Start by going to www.narpm.org to search their directory of managers.

Right now any market where 1% rule is met the properties most likely would be in C and below neighborhoods.If you are a long distance investor (like me) I would recommend staying in B class areas where tenant quality would be little better, you might have to sacrifice cash flow a little but you have better shot at appreciation.