Looking on the MLS, it seems like there is opportunity to invest in Multifamily properties in Seaside heights. 2 family Properties a block from the beach and boardwalk are going for around 300k.

@Lillie MAnon, I tried to reply to your email, but it says you've blocked me on BP.

@Hub Knott Baltimore is a very block by block city.

If they're marketing it as a B/B+ area but there are lots of cars on cinder blocks, people hanging around during the day, or unkempt houses/lawns, then they're inflating the property class so they can charge more.Absolutely make the trip out to meet the team before pulling the trigger!

We are planning to rent this property at around $1200 / month which seems to be the market rate currently.We also own outright an empty lot about a block away.

I've seen some crazy block basements with bowing walls that are hard to believe, sliding down hillsides.

This includes:- The blocks the trailer is sitting on. 

I’m just talking about the buying a block side of it tho.

He owns 19 single family houses (Many of which are completely paid off) a few blocks away from CU Boulder.

Hello I am still new to this real estate business and I am wondering if it is prudent for a newbie to buy their first multi-unit apartment building on a block full of competing apartment buildings or should the approach be to buy an apartment on a different area of town where there are little to no competitions?