Eastmoor and whitehall are good too because of newer home ages after 1940 where you don't have knob and tube wiring and some of the other issues. don't be afraid to look at new construction or ground up new builds closer to downtown. rentals are overpriced in these areas but build costs are low and it can be a good strategy 

As a builder, I target about 15-20% profit per build ($500k-800k price range, low-mid in my area).

Those that preach no/low down payments are mostly just trying to appeal to the masses who want everything for nothing that will buy their courses.

They are a commodity, and owners are competing directly against hotels in this space, so rents are ultra low.

Trust me they are ******** 5 they say they provide maid service well add this up cause i know they def dont pay the maids this 7 tennants times 89.00  yes not kidding they also demand that you either replace the air filters for the house lolololol. 7 tenants times 20 for filter no joke 140.00 for 2 air filters so how much do they cost at Lowe’s or Home Depot hmmmm for one less than 10.00 they demand you send a pic to them of you changing them if not they send the property manager of 500 names they call her runner,maintenance person ,lock changer , key holder, put up sign person 5 min later on floor, for any of those services  well thats a charge of 65.00.

Conversely, a new built A class SFR, in A class market of significant growth via a well laid out planned city development, great schools, area people are glamouring to move to, a-class tenants, very very low risk.

If he must attempt to get the low interest rates of 2021 on this deal, I suggest that he instead look for assumable loans.

There is no stock account that gives the leverage real estate does, at as low interest rate real estate does, at as low risk/ volatility real estate does. 

Buy quality properties in strong submarkets, finance with low leverage, bulk up on cash reserves, diversify geographically, and you'll be positioned to survive whatever the economy throws at you.

I'd imagine at that cost you'd either be buying just a shell of a property or raw land.Thank you,how low have you ever bought a house for from these auctions?