You guys are in a thriving industry that is chulk full of oppertunities every day here.

., close to a thriving metropolitan area, close to coffee shops, bistros, bookstores), that will take care of 95% of the so-called bad tenant problems.

The neighborhood he built in is now thriving and he is doing extremely well with the property.

It also depends on what the total rental inventory is in that area.To the point above, if you can do a better job of offering a better unit or selecting better tenants, you can thrive no matter how many vacancies there are in an area. 

Downtown condos continue to thrive but I don't believe are wise investments.  

utm_source=search&utm_medium=internal&utm_campaign=booksSimply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Feast on the Podcasts, #askbp Podcasts, blogs and webinars Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

utm_source=search&utm_medium=internal&utm_campaign=books (books recommended by BPers)Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Feast on the Podcasts, #askbp Podcasts, blogs and webinars Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational, thought provoking ideas relevant to REI.

Returns for "A" neighborhoods (appreciating populations, thriving commercial corridors, ownership to rentership is higher) can give net CAPS of 9-11% on average and have an acquisition price fully turn key for 110-200k.

Good neighborhood with plenty of renters, down the road is the University of Michigan campus and I'm steps off the bus-line and 10 minute walk to thriving downtown.Duplex comps in the area are currently $140k - $190k on average (and sometimes more when they are fully rented in great shape).

Powelton Village (19104) is another quaint thriving section of Philly that has much to offer and can yield a great ROI.