Markets across the country are very hot, unless it’s on off market deal or motivated seller, lowball offers are very tough in this environment,

Also, if you are open to other asset classes, you might take a look at small commercial spaces in some of the outlying communities as well as light industrial spaces that need some TLC. 

@Bryce MosierRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

@Natalie JohnstoneRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Just a trash environment with criminals including officials and representatives. 

I live in a very rural area in the northeast and most of the markets within an hour of me are primarily class C and D neighborhoods with reputations for drug and crime problems (as well as my own hometown unfortunately) so I will probably look to long-distance investing as I get started.

You don't want to discriminate in any way against a federally protected class.

Join a group like NARPM where you can take classes and network with other professionals.

If your building is the neighborhood blight then terminate all, upgrade and rent to a better class of people.

In an environment where rates are decreasing you could temporarily get a larger reduction in monthly payments and (hopefully) be able to refinance at a lower, permanent rate sometime in the future.