Mostly in TX, looking for opps in CA, and possibly GA & NCWhy don't you fill out your profile and tell us more details about yourself, your biz, and your experience so we all can have a better understanding of who you are and what you have to offer.You have started several thread topics but have not told us anything about yourself to date.

What do you specifically propose we do to improve things?

Especially now since they are the leading asset class to go into foreclosure.This may just be my bias, but i think retail and office may be the best items to buy in the next few years (for those able to) That sector is getting hit so hard across the nation right now and the downturn has been so hard and fast that when the cycle turn comes in the next 3-5 years and jobs are created and economy is improved people will get more adventurous and they will raise in price faster then apartments, self storage (is dependant on moves down It seems and when the economy is improving people don't usually move down), mobil homes i don't know.Of course anything can be a good buy especially if you get it at fire sale prices like today.

As I'm posting this...I see that I still have an active profile and would very much so consider myself apart of the BP community.

Your profile doesn't specify if you have any experience landlording.Even if your return was much better than Jon's analysis, managing your own property is a real job, despite the misnomer of 'passive income'.

I believe her contact info is on her profile, I would ask her that question. at least check into it, it would be nice to see a deal posted in the success topic regarding properties listed right here on BP

He then put in a few improvements, new kitchen and a new driveway.

Perhaps you could fill in your profile a bit more?

Really a good improvement since the commercial area is getting an update as well.Take care,

ive seen the home about 5 years ago and know the general layout and its potential ( it WAS kept up nicely), i dont see improvements costing anymore than 5k expecially since theres already long term tenants there.