I want to make you aware that when you decide to buy cheap properties in the worst parts of town, you are getting the worst of the worst of a struggling city.Before Marcus kills me, I also want to say this is a great place to live (if you can deal with the weather). 

I live in a college town and while doing rent comps I noticed that the apartments here rent per room in each unit for the students.

We're in a coastal town, so the imagery and colors were chosen to reflect that as well.

That could be a great way to find and stay engaged with local investors and opportunities. http://www.biggerpockets.com/alertsYou can also search for other investors in that area and follow their journey on Bigger Pockets here: https://www.biggerpockets.com/search/usersFinally, if you haven't already plugged into the Bigger Pockets podcast, I can't recommend it highly enough - it's been a wealth of education and a huge confidence builder as me and my husband have pursued REI and built our portfolio.Best of luck to you and look forward to following your journey!

The building was built in the 30s.

That could be a great way to find and stay engaged with local investors and opportunities. http://www.biggerpockets.com/alertsYou can also search for other investors and wholesalers in that area and follow their journey on Bigger Pockets here: https://www.biggerpockets.com/search/usersI love that you've already plugged into the podcast - it's been a wealth of education and a huge confidence builder as me and my husband have pursued REI and built our portfolio.

I'd buy because 1) I have roots other than real estate laid down here and I'm very unlikely to move, 2) I know inflation's built into the monetary system and makes the principal and interest portion of the payment become smaller and smaller in real dollar terms, and 3) I think Orlando will outpace other markets.

After doing a few more similar deals and a decade of experience I built the confidence to start syndicating deals.

Hello Everyone, Thank you for your advice in Advance. Here is the Situation. We are in California. Our lease ended with tenant who is mexican and they moved out of the house. We went inside and found missing and broke...

I used to live in your town before moving out west...do you know at what point lenders really look away from comps and at the NOI vs CAP?