Understood I made a bad move here as this was first investment so didnt think much except at the location for longterm growth or possibly I move there as part relocation.

I would say if you do jump in without physically going to the area...you should definitely buy in a nicer neighborhood (I hear too many stories with new investors getting burned investing in bad neighborhoods). 

Over the past 15+ years in this business, i have seen the good, the bad, and the ugly. 

@Amir PortalRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Later I was able to buy the vacant lot between for a grand total of about 2.4 acres.All the houses are in bad shape.

I thought it gave a great perspective on what investors will be looking for from a quality syndication.

They are a bad deal for homeowners and a terrible deal for rentals. 

If the fence is shared and in bad shape, framing it as a mutual improvement could help.

Not a full fledged house hack, but enough to take the sting out of the rate we got.Not all of Citrus Heights is the same, but the area near Fair Oaks/Orangevale/Carmichael has a good balance of price and quality.

It is a BAD loan for most people.