Like any city, there is dilapidated housing stock in rough areas that can cost more to upgrade than they are worth. 

If I didn't use Velocity Banking, it would take me roughly 6 years (6 years and 2 months) to pay off $50k in principal.Using Velocity Banking, I can put $50k down immediately on the principal.

@Joe Norman Those were the big 3 I figured would help the most, but I think wasn't sure how much actual applicability they had as a business owner/investor.

Its rough because according to experts there is not much long term hope in this system, it will eventually fail only hope is we still have a few more decades left before the failure. 

Still figuring that one out.

@Polat Caglayan very ambiguosu question, but read the helpful info below to guide your next set of questions:)-------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

-The right “who” will be lucky if they finally figure out the right “how” before parting ways in frustration.

When we post theses its hard to figure out where.

Old post but I figure I would comment here... my Company, Maven Cost Segregation has done studies on projects like this.

Hi, just wanted to get some feedback to see if anyone has used the services of STRsearch.com. they look like they run a lot of analytics and help with figuring out what you need to do to find and run a successful STR.