Anyone with a pulse can buy a section 8 property in a lower tier neighborhood and there’s always abundant inventory.

2.Downloaded a list of multi family owners from Listsource.com3.After receiving the list I searched for phone numbers and began looking up every property (assessors website and Zillow) and becoming familiar with the neighborhoods.

What do you drive, wear, shop at, do for free time etc etc etc?????? 

Newly built homes start in the $270s in suburban communities, like Los Lunas and Belen, or low $300s in class A neighborhoods in Rio Rancho and NW Albuquerque.

We use Hospitable as our PMS for automated messages and calendar syncing, PriceLabs for dynamic pricing and market analysis, Minut for noise monitoring, Schlage Encode locks, Ring cameras, and the Google suite for shopping spreadsheets and owner monthly invoices.

Go to the neighborhood at 2 in the morning and see what is going on.

One is strictly investment, where the neighborhood/location is not important just the potential for upside and low cost living.

Purchase price: $925,000 Cash invested: $200,000 13 Unit Multifamily property in the Waveland neighborhood of Des Moines, Iowa. pre-acquisition: 7% under MR and 15% vacancy/bad debt.

I live in San Francisco and bought a triplex in Cleveland, Ohio in a Class C neighborhood. 

It spans a few different neighborhoods that are all different so it just depends on the price range and where you are looking for.