It’s the inexperienced investors who are most prone to hold on too long.One of the biggest changes I’ve observed since I first began investing is the rise in popularity of alternative investment strategies….STR, MTR, leasing to a STR Arbitrage operator, entering into a Sub To arrangement, pivoting to a Section 8 Voucher recipient to name a few.

@April VanClevealways hard to say without complete details, but i would say foundation issues are too much for the very first one

I think US Leadlist is the company I've tried to get data from a few times but they limit how many people in an area they will sell to.  

Any advice is welcome.Are you going to live in one of the units, or is this investment only?

It’s one of the reasons I like this market—there’s flexibility to pivot between STR and LTR depending on what works best

@Kayenta Saucier - I wouldn't say it is a great deal or a bad deal.A lot of us still try to use the following equation.Maximum offer = ARV * 0.7 - repair costs.  

The last point that I would make is you need to get into 3-4 pillars of the business that you will have for the long haul of real estate.

Longtime member of the BP Forums, although it's been several years since I lasted actively participated.

Are you doing the management and cleaning?

What I'm more concerned about is why you want to buy in class C/D areas.The 3 rules are location, location, location.Focus on A/BMight need to save up more, but dont buy a property for the sake of buying it.