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.  

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

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

What zones have it as special or conditional use?