Now I would contend you would need to drill down to zip code level for a thorough analysis.Here is an interesting scenerio I saw on my locals Facebook group this morning.

Partner Driven specializes in identifying properties that can yield fast profits with limited upfront investment, making this an ideal opportunity.

David Greene makes a video about once a quarter on the BP podcast showing how to do this and usually he gives out a discount code for BP premium.If you need the MLS do you have a friend with access that you can do comps with?

My concern was small single person businesses are subject to robberies which occurred frequently in the area in the early 1980's.The building was built in 1890 and NYC established building codes in the 1920's, and someone owned it all the while passed and my dad offered to purchase it but was beaten to it by a flipper who got it for $23K, and he bought it from the flipper for $25K.

I hope all this was not just for his benefit as my spouse and I were really looking to be guided by a lawyer who specialized in this.

While the wealth of knowledge and experience on BiggerPockets is wide and deep, I would not trust a decision like this to the internet, I would ask you CPA and if you do not have one find one who specializes in this sort of thing.

As one who got totally hammered in the GFC if I was not with my Banker of 30 years I would never have come through that in tact I would have been like many of my peers and had to reorganize ( code for file BK).

Lateefah, Yes, I'm a realtor here in the Emerald Coast, specializing in vacation rentals and investment properties. 

You need to find a brokerage that specializes in LTR's and can also handle the property management.

I’m currently working in the Indianapolis market, where we specialize in new build duplexes that offer strong cash flow and long-term potential.