@David Slamer  you may want to to consider broadening your search to peripheral markets or areas/suburbs away from you. 

I am not interested in issuing new leases right now (most of them are undesirable tenants).

And what's even worse is that they're taking US Treasury's out of the system in order to put these useless, undesirable bank reserves in. 

After getting to a point where I had a falling out with my last broker, and all other broker options were undesirable, I went solo.

I'm looking at about a 12% cash on cash return.It is in a relatively undesirable part of of the neighborhood that has higher than average crime and and the school district doesn't seem to look much better.

You could potentially be buying in an undesirable neighborhood, or the house may need more work than you think.

I’d be more than happy to help with more menial/undesirable tasks to assist you in exchange for your knowledge and guidance.I am brand new to all of this and have so many questions.

Or they are bidding on undesirable properties that no one else wants and thus getting high rates.They buy the liens in your name and the redemption checks are sent to you - not your IRA account.

The supply of quality multifamily assets on the market is limited, except in undesirable neighborhoods with high crime and economic decline.

To get attractive cap rates in New York, you need to find real distress and probably go into very undesirable areas -- except that everyone else who is chasing yields is doing the same thing!