Hi Katrina, welcome to the community!

If money in the pocket is not really the interest, then 100% seller financing may be acceptable to Seller; but maybe not if Seller wants money in the pocket.

4 points is sometimes steep but the  low loan value is thenissue note that - it's really 4700 fees for closing as the rest are prepaids etc. 

It depends on a few factors: First, the fires.

I will say that I help investors do duplexes in Detroit, all-in, sometimes in the $120k range.

Other than the repairs needed of course

I have set up all those things in that way over the span of 9 years.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Section 8: All the S8 “gurus” promote putting S8 tenants into this Class of cheap properties to “get rich”.

I certainly do not think it will add to your ADR or occupancy.Could always just put a mirror on the ceiling haha

You really do have to prove them you are the real deal.