The fair market value, and the price it was assessed at for taxes,  is $236,000 (according to the city records).

Class A credit in primary locations (coastal cities, Denver, Atlanta, Chicago etc.) is going for 4-5% cap but I have seen Class A credit in secondary / tertiary submarkets around Seattle (one of the hottest industrial investment markets in the world) going for an 8% cap.

Here are the open houses for the weekend of Sept. 16 and 17th in the Twin Cities Metro area. 

You may say there are cities and markets which are solid, regulations have passed and all is good.

I see you are in Kansas City...I almost pulled the trigger on a property there and might get in that market in the future.How do you do deals with other investors such as me?

Account ClosedI buy more rentals than most per month in Baltimore City and I can tell you that any realtor worth anything right now doesn't need to do anything for you other than write offers.  

I know this because I happen to be born and raised in in some of the hottest areas in the city right now.Since I'm black and from these areas, I personally  have no problem renting to low income people,  or people of color.

How about attorney in New York City- Long Island area?

We are all seduced by the shiny metrics like cash-on-cash returns of Memphis, Cleveland, Akron, and just about any middle American rural city.

Step 1: See if it is in just county limits or the land is within the city limits.