Anyway, after appraisal we were able to insured the property with Universal company, I recently got a letter that my policy was going to be cancelled due to the condition of the roof.

Hello,Curious to get opinions on effectiveness of using postcards vs. hand signed and addressed letters for marketing. 

Here are some data points from the past month:Real Estate UpdateHere's the latest market report (based on single-family homes):Mortgage Rates:30-year conventional rate today is 6.27%30-year VA rate today is 5.69%Median Sales Price:June: $485,000July: $487,483August: $480,000New Listings:June: 1,920July: 2,068August: 2,153Median Days on Market Until Sale:June: 13July: 14August: 16Months Supply of Inventory:June: 2.3July: 2.8August: 2.9What does "Months Supply of Inventory" mean?

Hi @Brent Barcus there are not many LARGE multi-family in this market.

I have a general contractor license so I also can repair and remodel properties before they go on the market.

Any advice on what typical seller financing rates look like in the current market?

I am reaching out in this forum to ask for specific help for how to analyze the market and build out a realistic lease up projection based once a facility rehab is complete. 

Was it marketed to you as POS compliant on the listing, or understood that the seller was clearing the POS? 

Target market is Davenport, IA and the surrounding area in Iowa due to my family being there and the businesses/colleges in the area.  

it's a good, but tough, market to invest in.