The area North of I-91 and south of the green seems more promising, and it gets harder to work it for college students as you fade out up Dixwell/Prospect/Whalley Ave with the exception of perhaps Dixwell as it eventually runs into SCSU territory. 

On the surface this deal seems marginal at best, likely falling in the "not deal" territory and that is without considering how hard you would have to work to even make the deal happen.

There are also areas that can really be bad too, so you really need to have knowledge of the area and boots on the ground in any territory you look to invest in that you aren't local to. 

It’s essentially local knowledge and local support that you can count on that extends to most counties in the Northern New York territory.

It's already pretty hectic, and as we expand in size and territory covered, I wonder if this model is sustainable.  

Let me know if I can help you with anything from market/territory analysis to providing access to off market inventory. 

Germany was beaten in WW1, industry was ruined, some of it's territory was annexed, there were some war indemnities and reparations, the spirit of people were below the floor, the money they printed were channeled through the whole population thus making hyperinflation possible.

However with such little down in this market I'd be way into negative cash flow territory.

This is completely new territory for me, but seems like the path I need to go down next.  

Mismanaged or distressed comes with the territory by nature when youre trying to push up the cap rate.