STRENGTHS-  strong affordable housing market-  cool city with a great feel-  nicely mixed neighborhoods with properties in need of repair next to nice homes-  large university, robust medical community-  decent rents overall, currently trading at 8-10% cap rates-  Micron promises growthWEAKNESSES-  Micron hype is making people spend way too much on properties-  pesky code compliance inspections here too-  student housing area is incredibly compact and difficult to get in to-  difficult to predict if a property will benefit from renovation or not-  contractors are overwhelmed, difficult to get estimatesSummary: Syracuse is experiencing a lot of change right now, in a good way.

The longer the balloon the better if you think there's any chance it will be difficult to attain bank financing or if the terms of the seller's loan are good. 

Coos Bay in particular was primarily a timber town and has had some difficult economic periods since it's hey day, but the downtown has grown up, there's yoga, a farmer's market and even a new Starbucks (which by the way you buy the brand new building they lease from!)

Prior to 2022, it was difficult to find an operator who didn't make a lot of money on their real estate syndications. 

@Noah Bacon Contractors in my area are difficult.

It must have been very difficult to find a two family with solid numbers in that area.

Also, it is very difficult to find funding to build on a property you already own, especially if it is also leveraged.

However, these were done in the NYC metro area long ago which I believe is too difficult for a beginner to start in. 

My experience was getting my personal credit utilization high as I bought product for my business, and subsequently my FICO went low; therefore financing was increasingly difficult. 

A lot of items are difficult to find on their dashboard and you have to go through multiple menus to find, just not very intuitive sometimes.3.