Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.

South Bend has been on a downward trend and has some very rough neighborhoods.

New user, first time post.
Trying to gather info for an HOA Board about possibly having the HOA buy 'bulk' cable TV, Internet (Wi-Fi) with VOIP for use by each owner in a 55 year old and over HOA with 62 dwelling, pl...

Here are some tips to help you make a successful investment:Strategies for Positive Cash FlowCareful Property SelectionEmerging Neighborhoods: Look for properties in emerging neighborhoods where prices are lower but expected to appreciate.

Return on investment, with security of a safe neighborhood.

Bought an auto repair shop for 30% of value because of environmental problem.  

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

I did mention the general neighborhood that has the word “Lake” in it so the AI must’ve picked that up.

The property prices are lower compared to other markets, and the rental demand in certain neighborhoods can be pretty strong.Of course, it's always good to dive into specifics about the areas you’re considering within Memphis.

A split level ranch in a standard neighborhood doesn’t cut it anymore.