If an investment property comes on the market, Buyer A may jump on it before Buyer B.

Generally, I would think that commercial real estate (especially B and C class industrial/warehousing) would be less averse to the close train proximity then residential.

Either way, you'll find it tough to be cashflow positive with Class A or B properties.

You could get a duplex in a B-C class neighborhood for 250k and take advantage of a hybrid mix of cash flow and appreciation. 

Are they foreign nationals on a work visa?

Since I don't see myself doing STR from the get-go, I'll have to either a) find profitable LTR deals or b) rethink my strategy about investing in Spain.

Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: 1%-1.4% rule dealsROI: 10-14%Cash flow: $150-$300/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B- These numbers are based on the “sweet spot” in Metro Detroit.

@Angel Lomeli in our opinion, you have this backwards.Recommend 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.

@Travis B. 3 years ago?

NH has RSA Chapter 479-B pertaining to non-licensees operating in the pre-foreclosure arena........