It’s warm but not unbearable, and with little to no snow, it’s more desirable for people trying to escape those conditions. 

Rare is the person with 4 pets going to keep your place in good condition. 

@Alex SmithThe FHA loan is a viable strategy for first-time buyers to purchase a single-family home with a low down payment and flexible living conditions.

I am planning to buy a house in Bronx, close to the city, I found a single family house 1 and 1/2 bathroom, 3 bedroom, finished basement, garage, and yard,The house looks in really good condition, I already made an offer for 570.000, in melrose Bronx, I know this is not a safe neighborhood, but I do believe the house will appreciate and also I think I could easily rent it since it’s close to the subway,What do you guys think, will a house in melrose Bronx will appreciate it, taking into account it is close to projects and it’s in melrose? 

I underwrite it in its current AS IS condition with current rents.

I have some properties that are in good condition that if I could get an offer of 85-90% of market value without realtor fees I would happily take for a quick sale. 

There is no hard grading system on investment properties so “Class D” would be a subjective term but ideally it would refer to the “state/condition” of the property, “quality/affordability” of the tenant base and the “rent/income” it could provide.  

A savvy qualified buyer would condition their offer on you replacing the full roof.

Nothing good happens when you pick up rent, other than maybe you get to see condition of property.

What zones have it as special or conditional use?