Low property prices evidence this.

That neighborhood has low inventory, but very high rental demand and the tenant class is typically pretty solid.

This includes but business and personal filing and I’m curious if this is high, low, or right in line with what others are seeing.

And you're right, with our low default rate and the lower price point on 2nds, buying them back is certainly an expense but not a major one.

Especially since on a 1-4 unit property you can get low down payments, 3.5-5% down.

For low income (especially multifamily) I would recommend that the landlord take care of all maintenance.  

. - the appraised value is super low, if you get what you are looking for, I would expect those taxes being significantly higher putting more pressure on the cap rate- it’s a beautiful, unique property.

Does seem fairly reasonable 🤔 went high on the Reno estimate and maintenance costs ect and low on the rental amounts.. so hopefully it will work out better.. 

I always recomend clients against low class out of state deals as it often just doesn't work well.

Low Lot Costs: Land prices in Griffin are exceptionally affordable.