A few things you might consider:- Upside: Tech movement into the area, new developments (check out urbanize LA)- Economics: Average entry price per door, rent to value- Other Boundaries: Rent control, crime-heavy neighborhoodsCheers,Armand

With the movement towards automation, it seems like the personal touch is simply fading.I think there remains an argument to consider the underwriting standards found in the movie It's A Wonderful Life.  

All it takes is a tenant who plops down onto the toilet to move it and the wax seal can be broken easily with just a little movement. 

Tremaine Great movement Congrats on your new property .

What is the local rent market like and house price movement?

With some movement on the price and maybe bettter loan terms, it might be a great deal.Like John says, I'd be concerned about the lack of cash reserves.

This guys website might help also..http://www.tylerharman.com/hipster-movement/

One has shown very little movement over the last 7 months but the other should close soon.My goal is to pick up 5 to 7 properties in the next 4 years to creat a new cash stream and utilize to augment my retirement annuity.Scott

I was not aware there was any movement toward changes.

Even flips are tough because we're seeing lots of people trying to buy cheap, driving up "wholesale" prices while retail prices haven't seen any upward movement.