Also, what are some of your preferred neighborhoods to invest in (A, B, C)?

The market value of the house is 285000 and it's in a B neighnorhood.

@Oleg Enik if I were you I would try to talk to someone ab possibly co-signing w you.

With a B lender at 4.5%, it would cash flow at about $400.  

A finishes in a B or C neighborhood will get you rented, but probably wouldn't make financial sense.

Matt says to include:1. track record - bio/team members/skills/experience2. financial capacity - how much you are bankable for and how much equity you can bring to the table3. number of units/size of deals4. locations you're interested in 5. property condition (A/B/C/D?)

A, B, C or D areas...etc..

Steel is both usually unattractive, and may have your prospective tenants asking why they would need a steel door (esp if your property is in an A/B neighborhood.

I think I’d go crazy with partners going cheap in a B+ to A neighborhood. 

Hi all, I'm not 100% where to post this but I thought it would be fun.From MinnesotaI started investing in, 2012Current unit count, 38Gross rents up to end of 2019 $1,083,000 (A)Rent that I've been "burned" on $5330 (B)A/ (A+B)= .99599.5% collection rate. 3000 was from renting to a "buddy" (just don't) So it would be 99.9% without that stupid tax.Please share yours if you wish!