Or...That was a long winded way of saying "CoC returns" is not a measure of "conservative-ness".

The property I'm talking about is 833 N Van Ness, 93728.I believe it's in the Tower District.  

In regards to leveraging notes, you will have people in these forums tell you that a bank will hypothecate it And maybe for a commercial asset but they do not on single family owner occupied properties (or let me say I have never been able to find an investor Provide a bank that did with the exception of Loch Ness monster bank and Saskwatch bank.

This has worked well so far and we are considering purchasing other rental properties in the area.Clearly this would come with high turnover, potential for damage (and general gross-ness haha). 

Quote from @Ryan Ness: This is awesome!

I am now a junior advisor at Sperry Van Ness in Phoenix and work with a strong multifamily team which works on properties in the Phoenix and Tucson markets.

The property is in Van Ness Avenue about 6 buildings south of Redondo Beach Blvd.

Only reason I am looking for a PM company is because I am looking to buy a multifamily in a C---- neighborhood that will be hopefully turning to a C+/B- in the near future, but I don't want to deal with the C-----ness in the mean time lol

I work for one and it is amazing the laziness and half a$$ness that is allowed, but it is because the owner doesn't constantly check on them.

Doug Broomhall is a commercial broker with Sperry Van Ness that really knows the Dayton market.