In my area - which is no metropolis by any stretch of the imagination - cap rates are running about 6 on MFH and there's not enough SFH at good prices that you could buy with that kind of down payment here.

Originally posted by @Jefferson Valencia:Mainly looking for apartment complexes that need work, foreclosures, short sales etc… under 1 mill preferably. 

I bought in Jefferson, GA. 

Hello All,I am a native New Orleanian looking for an investor friendly agent in the greater New Orleans/Jefferson Parish area.

@Jefferson SimmonsIt was a great conference this year and found it impactful.

@AJ Jefferson thank you for such a value filled answer man!!

Full disclosure: Yes, its self serving advice I just gave you but it's still true all the same.My favorite areas are the most populated ones like Mcallen and the dozen cities that surround it to form one big metropolis.

Hi Tristan,I live in Jefferson and work in Augusta (currently).  

@Thomas @Thomas Cooper okay, I have properties in Jefferson county and Calhoun county.

@Jefferson Brown thanks for the advice on once I scale.