Especially with the new ADU ordinances going into place, there will be some diamonds in the rough properties that can be found.If you are looking for a rockstar agent that is awesome at finding those diamonds definitely be sure to link up with @Tony Freeman!

Indianapolis-based developer moves step closer to getting started on mixed-use hubIndianapolis-based developer Milhaus on Aug. 26 received unanimous approval from Round Rock City Council to rezone the land to allow for a mix of multifamily residences and townhomes, retail, maker space and park spaceThe development in Round Rock just NorthEast of Austin, TX is positioned between Dell Diamond and the Kalahari Resort for those familiar with the area or looking up the location.  

It’s a diamond in the rough when you can find a solid tenant for 6 years. 100% occupancy for 6 years is worth its weight in gold.

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Los Angeles.

Purchase price: $670,000

Cash invested: $167,500

Bought it, did a $50K renovation and rented in 4 months

...

Currently I am hunting down my first multifamily in Portland Oregon, I am looking for a diamond in the rough though since I am Project Manager at a regional Commercial General Contracting firm and am hoping to take advantage of that skill set.

Black diamonds from Afghanistan (old comment).8.  

Thanks @Tom Harkins, it was definitely a diamond in the rough! 

Phil Fry - commercial loan officer at Diamond Credit Union, Reading, PA

The foundation is a pier and beam similar to diamond piers.

i'm looking at diamond bay/waikoloa area in oahu hawaii@Sridhar Yedupati am not sure about elsewhere but i'm in southern california & has been looking to purchase in big bear lake. the market is super hot...too hot. we kept getting outbid every single time. it's not worth investing when we can't make positive cashflow.