Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $415,000

Purchase this single family cottage with a tree through the roof and a tarp on it. Luckily, no structu...

If there's a duplex that's listed for 250k in a neighborhood where they normally sell for 350k, that's a potential diamond in the rough (verify square footage and bed/bath counts are similar with your comps, among other things).

12 posts in this thread, five of them recommend investing in Ohio, hmmmm either Ohio is diamond in the proverbial RE rough or I've missed something. 

They would rather you entrust your money with them in their syndication deals or diamond in the rough SFR's they want to sell you. 

Once these sales all went on line though pretty tough to pluck a diamond out of there like we used to do as a matter of course.  

Twice we have seen the property go back up for sale partially rehabbed and sold for less than what it did at auction.Stick with it and you will find that diamond in the rough.

It doesn't matter if the toilet is made of gold and the mirror has been replaced with diamonds. 

You need to find that so-called diamond in the ruff. 

I have no idea where these properties are but right now there is historically low inventory everywhere and too many investors with cash money, so if these properties have been sitting for a while you either have diamonds in the rough that no one else has access to or the properties are not worth the price that is being asked for. 

Purchase price: $285,000 Cash invested: $75,000 My wife and I partnered with two other couples to purchase this diamond in the rough.