If it's moderately to highly distressed then we will usually get a GC to give us a better idea on budget though.

Thanks Drew- thankfully the moderator got back to my message earlier today and said everything about it is great and apologized for the error. 

. ;-)Since this is a question I assume others will have as well, I'll answer...I don't get to spend as much time on the site as I used to  -- and moderators are asked to spend certain minimums on the site -- so I relinquished many of my moderator duties several months ago. 

Give or take 5 yrs or so and that are would change into moderate to high end ...

As far as rentals, I look for Multi-family properties that are in good shape and in need of only light to moderate work between tenants.  

At that point you would be farther ahead selling and parking your cash in a moderately conservative mutual fund to generate a higher return.Ideally you would want all properties 100% financed and having positive cash flow.

**If I moderator could edit the title of this post to the correct spelling, it would surely be appreciated!

Minneapolis/Saint Paul is a moderately cyclical market over the decades and years.

You can buy a rented home in Atlanta for $50,000 with moderate risks and high annual returns or purchase rented home in Stone Mountain for $120,000 with low risks but lower annual returns.

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