Then compare based off other metrics not just price.

The only trouble is that compared to other options, that might not be your best play in this market.

I searched forums prior to posting this and didn’t really find anything.

I would recommend starting with a performing note prior to jumping into non-performing.

How'd the return numbers turn out compared to your projections?

As far as economic indicators go, there are 100 cities that are comparable to Dayton...it's a lot like Cleveland in that it had a declining population for 40-years...and now appears to be stabilizing. 

What can you generate as a return on equity  or return on asset with a new property compared to this one. 

Hello- I have a couple whose combined income is 6x rent and one spouse recently had to declare bankruptcy from a previous marriage. I don‘t have too many specifics yet, but wondering what the Bigger Pockets Community ...

Home Possible is 95% LTV, as compared to FHA's 97% LTV, but with the added benefits of beginning with a conventional loan (no mortgage insurance for life of the loan, as opposed to FHA), having a stronger offer, no self sufficiency equation, plus less strict standards for home condition that can kill the value-add ambitions you had with your FHA.Recently there were other changes with this program that makes it an even better product, and the only person on this whole forum who seems to be catching it is @Chris Mason who has written about it herehttps://www.biggerpockets.com/forums/517/topics/42...and herehttps://www.biggerpockets.com/forums/49/topics/609...I just wanted to point that out as you get into it because if I hadn't found this product I'm not sure if I'd even have a house hack right now.  

@Hao Dinh Seasoning is the period of time that must pass from a prior loan or appraisal before a bank will allow a refi or new loan on a higher valuation of the property.