Rounding out the top 10 of affordable homeownership cities were Flint, Michigan; Toledo, Ohio; Detroit; Akron, Ohio; Warren, Michigan; Pittsburgh; Yuma, Arizona; Springfield, Illinois; and Palm Bay, Florida.

Hi Guys I always hear about cap rates of 10 percent or more in multifamily I really do not know what you guys talk about Iam from springfield missouri here is the best deal we have Asking price 359000 may be will sell for 330000$6 units 4 of them 2 bed 2 bath and 2 units 1 bed 1 bath monthly total gross rent 2900$ It is very easy to rent ,real nice area class A ,the building is B though built in 1988 but brick and nice buildingExpenses monthly 280$ taxes,200$ insurance,250$ utilities just water and sewer maintenance I would say 300 $.management another 300$,CAPEX 250$,vacancy 200$Cap rate around 4 -5 percent so what are the numbers I hear here at BB ,that is the best building I have seen so far

all of my Memphis properties are with Bank of Springfield. 

Found a deal in Springfield IL in a good area.

Investment Info:Condo other investment in Springfield.

Probably a little more successful at a slightly cheaper price point in say Fairfax, Springfield.

I really feel that Springfield and Worcester are decent  COC return in the state. 

I am in Springfield VA our area has a lot of regulations in regards to STR.

@Cain Kiser @Ryan ScritchlowI'm in Springfield.

I live in Havertown and know houses are selling like wild fire here and in Springfield but they are out of my price range.