I will definitely do my homework and learn all I can before making a purchase.In what capacity are you operating in Boston right now?

The U.S Census predicts by 2050 whites will not be the predominate race.Mexican,Latino etc. are predicted to be.The reason is Whites on average have 2 children or less.The Mexican,Latino community have very large families with 4 to 6 children on average per couple.It's simply math that over time they will overtake the White class by numbers.Asians will grow by a large number as well.These are actual statistics so please don't start any race or political stuff people.I think different races live differently so tenant mix will have an impact with investing moving forward.

To add value, you have to do your homework.

@Darshil Parikh double check your math on the finance.

Only problem I could really see is that you cant just put the property price to whatever you want, however you can put it to whatever amount people are willing to pay, and people are willing to pay for 6-7 caps all the time and the math is basic undeniable math, so I really cant see what i'm missing.

I will do my homework, but anyone willing to point me in the right direction?

My Why:Family: I've done the math and I know through a combination of hard work, time, and hustle, I can replace my income and namely living expense which are relatively low (see above) over the next 5-10yrs.

I did a lot of homework leading up to this by reading various REI & flipping forums on BP as well as reading no fewer than 10 REI books, a couple of them twice. 

Some of the mortgage stocks have gotten so cheap they are paying a >10% dividend (share price is the denominator in the ROI division, so as that goes down without the dividend decreasing proportionately, it forces ROI up, because math).

The agency cut is too steep for me...that's a partnership without a capital injection on their part.My recommendation would be to do the math...if you buy it, what with be your NOI.