If this was a deal or a nice Multi there would not be a seller looking to bail and finance it.the Multi sector is red hot for quality assets as has been posted.I suspect this is a semi ghetto slumlord situation with a ton of deferred maintenance and really tough tenant demographic

On a serious note Spencer Gordon I have been on BP for a few weeks now and talking to people in different sectors of real estate across the country has been very educational.

Ideally you want to pick markets that have good job growth, a good employment base, positive in-migration, a healthy housing market, and be somewhat diverse in its industrial sector profile.

I think the problems lie in other sectors this go around-not housing. 

I have been in the real estate investor sector for 22+ years, and have a real estate investment company here inn the Kansas City area.   

I also have experience within the Residential Real Estate sector, hence my interest in Property Management. 

I am learning a lot about the real estate sector and how I can add value to clients, but want to start growing my business.

I grew up in Orange County so sticking to the west coast so far.Currently work in the tech sector out here (surprise surprise huh), but looking to learn and (hopefully) invest in RE in a passive/PT manner.I don't have a ton of background in RE.  

You have access to renters from the downstream sector of oil and gas, port of Houston workers, some upstream, and retail workers.

My real estate experience consists of auditing and working in the affordable housing sector.