@Ryan DragonThe question is are you happy with the Return on your current equity, and can you roll the equity you have into a better yielding asset.You're generating around $6,000 per year in cash flow, but how much equity would you have if you sold? 

I want to get rolling with investment properties and Jaren's rental academy has been an invaluable resource to me.  

@Bryan Melendez you're just one of thousands of investors that:1) Were chasing Class A rentals from 2012-2020, before their values exceeded their pre Great Recession highs and they wouldbnt casflow at purchase anymore.2) That started chasing Class B rentals in 2020-2022 because of #1 above.3) Started chasing Class C rentals in 2022 when Class B rental prices AND higher mortgage rates also got too high to cashflow at purchase.4) Are now chasing Section 8 tenants as the cure-all for Class C tenant performance issues, so their Class C properties ACTUALLY cashflow.

Sounds like rolling the dice to me .  

The CO check is something my partners and I do as a pre-req on NYC properties and for sure will be something I'll be doing for anything outside of NYC.

I’m planning on using an FHA loan so I might as well go ahead and talk to a few lenders to start getting pre-approvals. 

2- are there specific markets to look for if one is looking to get into a pre-boom market?

The price seems slightly high given the pre rehab comp you mentioned.

I got pre approved for DSCR From 2 different lenders but they're both mid 7's in interest.

Roll back taxes, HOA arrears are just a small sample of undisclosed issues you will face.