The property will do very well over the long term.

Looking to possibly start investing with some whole sale properties and land.

If the property can service the debt at 90% leverage between a senior 1st and the seller second, you're looking at a good investment!

This then would allow you to look at a property 1500sf 3/2 with the same rehab as a property in the same condition that you got a bid for 1-4 weeks ago..

My short term goal(s) in the next few years are to have 4-5 properties (long term), as well as a multi family home.

Purchase price: $115,000 Cash invested: $42,000 Sale price: $168,000 Unfortunately, we bought this property as a buy and hold property, and our research led us to believe that this neighborhood was up and coming not in a bad area of Jacksonville.

Simon, my investment group does lots of properties in Pitt. 

Hi Shelby To determine rental prices and demand in a neighborhood, start by researching comparable rentals in the area, focusing on properties of similar size, type, and amenities.

We are Canadians eyeing up the market in the USA and looking to start investing in properties across the border. 

@Angela Simon, If it wasn't your son there is a small chance that your accountant would let you purchase the 50% of the property you don't own.