", shows your inexperience.The cashflow numbers for Class C & D properties only look good on paper because few investors plug the correct assumptions into their ROI calculators.Have seen many newbies use a 5% vacancy factor for Class C & D properties with nothing built into their calculations for tenant-nonperformance or the extra damages low-demographic tenants statistically cause.BTW: we recommend using at least a 20% Vacancy+Tenant-nonperformance number.

Prices in Columbus are still low enough to find 1% rule deals and there's a ton of appreciation happening in this market as well.

To keep costs low I'd like to find someone who shares similar goals to split a Garden View or Ocean view hotel room.

You can compete with them by offering to buy and front cash as opposed to lend to the estate.Like I said, not for someone looking for low hanging fruit or for someone without a legal team, but there are some fabulous deals working with estates.

How low will it go, no one really knows, but I agree with predictions of 20-25%. 

It's time to scale back and stay low key. 

I currently own a townhouse in Natick with a low mortgage rate and am considering buying another home to move into for 2-3 years, then probably renting it out.

But I find it easier to leave all that work to the buyer, letting them know that this is why the price is low, because there is work to be done.

Consider property types, low down payment financing options, cash flow calculation, tenant screening, and property upgrades.

I don't like this method, even when rates were low.