In my observation, investors are not selling properties in Sioux Falls right now, unless they are undesirable.

In Denver these days that space is equally competitive, a lot of that being due to the MMJ industry hogging previously undesirable space.  

@Darius HowellA few PointersOn the PropertyLook for Cash Flow (Year 1) with a Value-Add &/or Upside play Light to Moderate value add Class C & B Multifamily Apartment Communities (Demand is outpacing supply)Low Crime areasBelow market rent, mismanaged, in need of renovations, &/or the undesirable vacancy rateAreas or Markets Look for areas that are rapidly improvingMinimal MSA of 250KGrowing EconomyPath of ProgressDiverse JobsDesirable - people want to move thereAffordable Cost of LivingHope this was helpful.Don't hesitate to reach out-Dino

I want them to know me as a person, not as an absentee owner that is going to bring undesirables to the neighborhood and not take care of the property.For the price of a Egg McMuffin and coffee you can get to know a board member and find out about everything that's going on in a condo complex.

Duplexes and triplexes are found in undesirable or “less than desirable” areas and have inflated prices.

Philly is a lot like Baltimore, great neighborhoods a block from very undesirable locations.But honestly, given the numbers... even if you are off a bit, all it would do is turn a home run into a double.

When we bought multiplexes with tenants in place, most of the undesirables moved out on their own once we established our terms and conditions.  

That's just too much undue risk for me, especially if you're doing that in the more undesirable locations in the nation.

If a property is in a poor neighborhood and miles from buses or trains and a grocery store I believe it to be undesirable for a lot of tenants and will greatly reduce the number of potental tenants.

You may also be in undesirable parts of town.