The properties are all brick, built in the late 70's/early 80's, and are in A-Grade neighborhoods.

Hi,I'm running the numbers on a 4/2 in a neighborhood between Lauren's Valley & Campbelton road. 

Nothing is cheap anymore, inventories are very low and anywhere in the valley below $350-400k are almost guaranteed gone within hours or going through bidding war, especially in the neighborhood like where this property is.

If it still seems OK I walk around a bit check the neighborhood and building best I can w/o trespassing; sometimes by that time I get the opportunity to chat up a tenant who is coming or going-I am interested in renting I tell them-if you are cool they will talk longer than you need them to.

@Christopher Adrian 8-12% cap rates on the south side but NOT in the South Shore neighborhood.

All the investor friendly multi-unit properties in decent, safe neighborhoods get multiple offers above asking, including cash.

The neighborhood is now trendy and property values have skyrocketed and will continue to do so I imagine.

It’s a great house, fairly new (built in 2015) and the neighborhood isn’t bad.

Go look at similar properties in the neighborhood. 

The other option I've been looking at has been to contact owners of dilapidated properties in good neighborhoods.