High-dense urban environments should build up, and get rid of underutilized parking since public transit is easier in these environments.  

Hi @Joseph BaenaHere is a tip for you as you get into RE investingThis website is a great reference point for figuring out what each area is like. https://www.areavibes.com/It gives you a total LIVABILITY score for each street and zip code.

I am willing to go as high as $480k for this place.

Most users may not visit a 3rd party site, and you could collect some answers by asking for genuine feedback here on the forums.

Web sites that have been making recommendations for years suddenly claim it is AI.

Congrats Subbing work out in the high desert aint for the faint of heart.  

East Knoxville is generally low income and high crime.

I would recommend thinking through the STR vs LTR strategy before looking at specific properties.

Hi Jonathan,There are options out there where the lender is willing to work along with GAP funders to close, the main issue is that the GAP funders will have very high rates.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.