I'd make sure you've confirmed deposits have been transferred to the new PM along with any rent they've collected or your own deposits they may have (my PM keeps $500 of my money to cover any repairs that may come in).  I

Which area of Rochester would you investing in. I

I'm purchasing it for $70k and all in is about $110K.

Backside (2years in),  I will have 210k cash in the deal with ~680k still owed and 5428 or(65k/yr) cash flow.

One of the complaints from the Feds in the lawsuit I am involved in is that the culprit was living luxuriously beyond the means of his earning.

If you're looking to large complexes let me know, i'll be picking up a potential 60 unit that you might be interested in, I work throughout the whole valley.

The first step is to learn and determine what niche you are interested in. I

That is probably a big part of why you're finding it especially hard to locate deals.What markets do you currently own in? I

I live and work in CA, but looking to invest in OH and IN.  I

I know its an older post but ill put my $.02 in. I