The property is listed for $275,000 and is in a decent neighborhood with low to moderate crime.

Numbers wise, it seems like there could be an investor looking for a moderate-term passive investment for 8-9%, but maybe I'm off base. 

The seller is asking 50k but I believe I can get the property moderately cheaper; however, whether I pay 40k or even 30k, its not going to change the mortgage payment much, thus not really changing the cash flow.

Financial:  moderate / but can be heavyAt a minimum you should plan on paying at least $200 depending on how active you are.Annual renewals (usually 2 or 4 year renewals) are about $200.MLS fees are usually $30-$50 / Mo, mine is $35.Local association ranges - mine is $75 / mo. paid annuallyNAR is $10 / mo. paid annually.CE can be free, or can be a cost. 

. - Not just first time home buyers but also low to moderate income buyers and also buyers buying in a targeted area.

Apologies ahead of time for what might be a lengthy post and to the moderators if I've put this thread in the wrong place.

(Moderator - I've copied this here from the General Real Estate forum because I think this is a more appropriate location.)Trying to sell a property I own in a nice, acreage neighborhood.

all 4 building are on cripple walls.they will not survive a moderate shaking.I worry... 

I have to agree with Merritt - fresh water and moderate climate are going to be increasingly important.

That being said, it could make more sense to you to buy for low to moderate cash flow but strong appreciation, versus the other way around.If you want buy and hold rentals, I’m hoping your idea isn’t to tie up all your cash in ONE property, but rather to get your own traditional investment loan or creative financing from sellers.Another consideration is many speculate we could be nearing the top of a real estate market cycle, with a dip in home values expected when you could pick up some better deals.