One factor that remains at that price point is not a lot of margin to set aside money for upkeep.

You are shortchanging the REI returns because you are not factoring the two greatest powers of REI:a - the compounding effectb - the fact you can quickly get all of your cash back, and still be getting a return (compounded) from the original REI

Sometimes more, sometimes less with a lot of factors going into this determination (credit score, income, address of property etc.).

So be sure to check out all the fees being charged and factor that in.

Also a big factor is where you chose to invest.I’m happy to chat more specifics directly.

Geez man Don’t just shrug it off as a bad deal .im all for buying cheap and getting a great deal , however  There’s many factors besides just the purchase price and in the grand scheme is 3 grand really going to ruin it ?

The answer you're looking for is going to be it depends on a number of factors: in the White L? 

how do you do a full gut reno on a high end home an dpay 2 mil and exit at 2.7.. not sure that is a great paydayonce you factor in the full gut reno and holding costs and tax's and sales cost etc.. run your numbers. not saying you cant make decent money but 400k seems a stretch

A few other factors: I believe the rents are below market value.

The expansion of Mercedes Benz factor outside of Birmingham, the Mazda factory outside of Huntsville---these are all blue collar jobs.