Quote from @Conte Cuttino: Property is in C+ area but in a different School district that’s B-If I sale I’ll get 30k profit after 9 months.If I keep as a Long term rental I’ll have to convert the garage into a illegal 1 bed cottage at an additional cost of $35k leaving a total of $107k left in this deal after 70% refi and closing cost.

And what about that high school biology? 

Our target towns are not in the urban centers but more suburban towns with good schools are moderately priced homes for families.

Finesse that problem by getting graduate students.

After 35 years I’ve developed a healthy respect for this business from the school of hard knocks.The day I’ve discovered this business is easy or simple will be a good day to retire.

I don't often speak to peoples background but in this case it's important and I would be surprised if half of them graduated Highschool.

When I graduated I decided to pursue a career in becoming a real estate agent!

For context, before I learned about his 6 unit I was planning to purchase a 2-3 unit long term rental in Q1 2025 as my first of many deals with a 5 year goal of financial freedom so I can coach my daughter's high school cross country and track teams.

Across the board, the worse the neighborhood, the better the cash flow, the better the neighborhood, the trade off for tenants base, better schools, low crime, etc etc.

A lot of people who learn the theory of multifamily investing are often taken aback when they graduate to the real world by how deals seemingly don't work.