Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

The idea was to find a property, 4-plex, that would allow me to break even, cover the mortgage, and hold onto it as a long-term investment.However, analyzing the data and really coming to terms with Colorado's market, I’m rethinking my approach.

It’s an ideal approach if you’re focused on minimizing risk and maximizing control over your investment.

Orange County can be a challenging market due to high prices, but there are still opportunities if you approach it strategically.

They have utilized a number of financing approaches including: Minnesota Housing Finance Agency Tax Credits, Conventional, Grants through Duluth Economic Development Authority (DEDA), Duluth Housing & Redevelopment Authority (HRA) Assistance.Sharon Brown with Duluth's Life Safety office is a great resource as well when dealing with blighted properties.

@Brandon Ja, I am somewhat along the lines of @Stuart Udis with how I approach things.

This approach allows me to structure deals that benefit all parties involved and unlock unique opportunities in the market.I'm eager to connect with fellow investors, share insights, and explore new opportunities together.

-How do you approach this? 

A more holeistic approach is needed: long term wealth is mostly created by principal pay down and appreciation.

Ended up flying on Saturday night and the weather is not very conducive to outdoor sports, lol.