Purchase price: $72,000 Cash invested: $11,000 Contributors: Peter Fennig Sweet deal - found this duplex on the MLS, it had been sitting for 30+ days.

many times once a house has passed its retail sweet spot... people assume, like you did, that it must have a real issue.. 

I'm not even sure if such a sweet place exists.

But there is a sweet spot in the market for multi units here that people have been able to purchase in and be very successful.

We do a thorough job looking at comparable units to price our vacancies, but will decrease the price $100/week until we see a sweet spot with inquiries.

The sweet spot in my market for SFR rentals are in the $75k - $125k range and rent for $1200-$1400/mo , $250K properties rent for around $2200-$2400/mo$1500/mo for a $450K property seems like a very low return unless you are expecting massive appreciation of value

Sweet!

@Sam McClellan I’m all about FHA if you don’t have a lot of capital, although it’s not as amazingly sweet as it was before they changed the length of mortgage insurance.

BTW - don't wait - as fall comes on, mice start looking for indoor accommodations & yours will tell all their friends they've got a sweet place lined up.

I say keep it short and sweet.