Either way, I ran a proforma and this looks like a good deal (as long as you don't have too much in the way of rehab/maintenance costs).Also, IMO, you can probably raise rents even higher.

I came across The Investors edge that offers 100% financing as long as the all in cost is 74% or less of the ARV.

I have found there to be a real shortage of long-term rentals in Ludlow and the surrounding area.  

What are you looking to achieve in the short, mid, long term?

You won't get calls at 11:30pm on a Saturday reporting heat is out when the temperatures are -17 degrees.Increased Long-Term Property Value: "Nobody will care about my property better than me!"

Tenants are more likely to trust landlords who demonstrate a commitment to fairness and legal standards, leading to better occupancy rates and long-term success.Adapting to regulatory changes is an essential part of being a successful real estate investor.

As long as you file it, you have protection from the charge of fraud.Tip: if you file Form 8082 to protect yourself, send your tax return in by mail.  

Long story short, over the past 10 years we have evolved into running a real estate investment club. 

As long as it's livable, you'll find a buyer.

I also don't want to focus on one market, and not be able to score the right property for who knows how long, and then end up missing out on other locations, as being a long distance land lord is very popular as well.