I'm hosting a local meetup in Mankato, feel free to shoot me a message if anyone is interested in joining!

Many months of costly vacancy, local market rent & resale deteriation, special assessments, property taxes and maintanance fees suggest a quick sale would have been the wise thing to do 2 years ago.

If you have any questions about market analysis or how to get started, feel free to reach out.

Also you should inquire with insurance agents about the cost to insure.

I am estimating the note would cost 2.5k per month at most. 

% rate buy down, closing cost seller credit,  lower sales price ?  

I've been interested in it, the cost was pretty high on the Pace Morby one

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.

If you ever want to chat, feel free to reach out anytime.

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.