78 Endicott St, Peabody – A 4-unit property with all 2BR/1BA layouts and off-street parking in a prime location near Route 128, the commuter rail, and Salem—just a 30-minute drive to Boston.Investment Breakdown:Purchase Price: $900K20% Down Payment @ 7% Interest: $180K → P&I = $4,790/monthRenovation Estimate: $200K ($50K/unit) → Total investment: $340KOperating Expenses: ~$18K/year (taxes & insurance)Stabilized Rents: $2,300/unit (market comps)Cash-on-Cash Return: 9% when stabilizedThis deal checks a lot of boxes:Max units for residential financing – You could live here & house hackCosmetic rehab potential – Flooring, cabinets, counters, appliances, paint (~$50K/unit)Strong long-term ROI – Factoring in principal paydown + 2% appreciation, a 5-year stabilized ROI of ~75%Pre-pandemic, these deals were more common closer to the city, but now we’re looking slightly further out—yet they still work as wealth-building assets.

You can also check meetup.com or search Facebook for real estate investment groups, clubs, or meetings in your area.

Check your Inbox 

. - Once an owner knows what materials are being used, they can then check pricing at Home Depot, Lowe's, etc. - Some materials for bigger jobs, like concrete, are harder to check pricing on.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

@Michael Whitman very good point and something to check on ahead of taking the loan.

Check do any tree coverage rules with the City.  2.  

Check out Paul Jang, Victor Reynolds, Elijah Bryant there are others out there who aren’t as BIG as Joe who will give you more bang for your buck and are still accessible.

It's a good idea to schedule your own safety inspections, including checking for smoke detectors and carbon monoxide alarms.3.

Another way is by networking with property owners directly, such as through direct mail campaigns (trying checking Corefact)