Plus, the lower-income neighborhoods rarely appreciate as much as the moderate to middle-income neighborhoods unless they experience major gentrification. 

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $164,000

Cash invested: $12,000

Buy and hold rental property

What made you interested in investing in thi...

No talks happened with Santander (today S. is a fine east coast operation).Wells Fargo did not have the cash Chase told  Kerry on the phone (while flying there) they agreed to a merger, then put pressure on the Fed (stab) that night to close and force WAMU into BK.

I found a property (triplex, but set up like a rooming housing with 4x4 on the bottom floor, 3x3 middle, and 3x2 on top) in Atlanta for $650,000 but it needs renovations.  

@Olivia BeaucherTons of multis on craigslist for cleveland for great prices that arent listed on MLS I just dont think juice is worth the squeeze in most areas, specifically east cleveland.

You can offer a year lease at the middle of their current rent and market value, a 6 month lease at a more expensive amount, and a month to month at a higher rate.

I am brown (East indian).

Meaning they don't answer, they hang up in the middle of the call, or they don't say whether we can call them or not.Also, I want to take a hands-on approach for my first tenants to get a better understanding of the process rather than immediately outsourcing it.

I am looking to meet other agents and investors in the middle Tennessee area.

If a resident leaves in the middle of a billing period, then you read and adjust that one statement as needed.