Bryan,This is one of the biggest challenges when investing in C/C+ areas, and it’s even more amplified in D-class neighborhoods.

They get a higher return since they are covering housing cost, have the $250k per spouse primary residence deduction in gains, is a savings account, higher leverage position, lower interest rate possible, will pay more premium for location, etc.House might be overpriced for REITs but not for home owners.  

I encourage you to consult with a qualified attorney to ensure this agreement complies with applicable laws in your area.

I see it every day in my fundings I do in 8 markets. 

  ( I keep 30 tons on hand before each storm ) We are sending trucks and men out in terrible conditions for long periods of time , at all hours of the day .

There are four key principles that guide me:- Consistency is everything- Never stop learning- Take Action- Value relationships over everything else1) Consistency is everything There are multiple things that I do every single day- Read – 10+ minutes.

Purchased in 2015 for $57k seller financed.

So, we require a nonrefundable Retainer Fee for 90 days of our time to find a rental property.

If you live in the home for 2 out of the past 5 years and move out of state you may be exempt from the tax.  

., I believe the heart of Jaron's comment is: in general, you will not find much better deals at auction.