This is likelyi to reverse2) Housing prices got greatly inflated due to historic low rates.

For me this involves making a lot of spreadsheets, but I will give you the outline.1)Establish risk capacity and tolerance: Capacity=how much can you afford, and tolerance=what you actually feel safe spending2)Use that information to narrow down what is available to buy: The amount will buy you a duplex in PB with 2 1/1's, will also get you a 4plex in Lemon Grove with 4 2/1's3)From there do the research on all of the available units that fit your criteria: This includes, but is not limited to, historical data on appreciation, market rents, historical rental data, and migration trends.4)Don't be afraid to wait for the right propertyI hope that I was able to simplify my process for you in a way that is helpful.

Neighborhoods like Lawrenceville, East Liberty, and Squirrel Hill offer a mix of historical charm and modern growth.

There's a reason that historically so few people did these types of transactions.And lastly, Roam's website is probably the best way to find a home with an assumable mortgage.

Complete historical renovation What was the outcome?

I know exactly what you're talking about, but did not realize the historical reasons for such.

: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+, 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, 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.

Historic building with slight cosmetic updates 101,000 gross54,000 NOITwo empty spaces that can be used for laundry or made into another apartment.

But its not a historic appreciaiton market its an up down market.

@Jimmy RojasReturns in real estate have historically matched the stock market - so use that as a reference pointJust like investing in some stocks builds wealth faster - so does real estate and vice versa