We often use zoom showings, but they build on that mutual in-person experience.We don't encourage bottom-of-the-barrel neighborhoods, simply because with 60-120 year old properties capex tends to exceeed cash flow over time aka money pit.

look for land with owner financing And I am sure you know this but location and safety will be paramount in the Jackson market there are simply areas the crime is far to high for this to be successful..

And then again sometimes its simply out of their control.. made a bad buy had some issues you were not aware of like the Guy talking about soil in Texas I learned that one the hard way not sure that's an issue with that property but its stuff like that..

A buddy of mine talked to his tax guy who told him these “Distributions” aren’t currently taxable right now and simply adjust the basis downwards (almost like a return of principal), but when the principal actually DOES get returned (generally about 5 years out in this case), that the difference between the amount returned and this downward adjusted basis is taxable at capital gains rates - if held longer than 1 year, generally 15% tax.  

Best case under such circumstance is they find alternative financing and simply over paid for the property.good luck

But I do know our city needs a lot more of the first type.you clearly don't know me, which if I'm being quite honest with you has absolutely nothing to do with me. this is a property that is located in the village of Liverpool NY with a tenant paying beyond market rent, " If he doesn't want it or can't afford it, reward him with 60 days time to find another place, then find a new tenant that can pay what it is worth. " which I did, and he agreed to pay..................as I've stated to you before anything other is simply poor business practice. thank you for your input 

New to real estate and have quickly zeroed in on using the BRRRR strategy in great areas, one of which I have identified as New Haven (East Rock or Westville neighborhoods).

AS Much as anything most folks in RE in that area simply rely  totally on them ..

I simply went to Wells Fargo (Wachovia at the time) and asked for a trust account so I could hold deposits.

Could you kindly suggest the best resources or methods to identify comparable properties in the area?