This can be a city or neighborhood.We manage a lot of Class C properties in the City of Detroit, so previous evictions are common.We typically do NOT allow within the last 3 years and we want to see stable employment, income and no other major credit issues since.For Class B rental we're looking for no evictions in last 5 years.Class A, would be at least 7 years.Of course, there are exceptions to all of the above for extenuating circumstances the applicant is willing to provide acceptable documentation for.

Sub-$350K single-family homes rarely cash flow in Charlotte, so consider properties with value-add potential or slightly outside the city.

If you start in an affordable Sunbelt city like Birmingham or Montgomery, for example, you can acquire a turnkey rental in a B or C neighborhood for around $120,000.

The issue is legally be allowed to raise rents and getting around what the city believes is fair market rents.

Are you doing the suburbs or the city?

Hello everyone, I am located in New York City (Bronx), and I am currently tackling a renovation for a triplex rental I plan to keep.

I intend to relocate to the Rapid City, SD region in April/May for work, and I plan to acquire a primary residence that could eventually be transformed into an investment property.

You mostly hear about Self Storage and the 1 to 3 mile radius.We are on the East side of a 1mm metro city area.

First, I check if the city is a city I am interested in investing in.

Now a giant city 250,000 people and home to Cowboys, Stars, FC Dallas, minor league baseball, lots of companies, new Universal Studios theme park and something like 10 high schools now...big high schools.