We love the DT area and enjoy walking around when we're there.I find it amazing how outside money is paying attention to Wichita now - has driven the prices up and before Wichita was always written off as a cowtown. 

Hey @Niyi A., I would definitely like to connect so that could ask you some questions, Like building my team and putting systems in place to be successful. 

Property (A) is a triplex that could use some TLC on the interior and exterior and in a D class neighborhood of the city.

Property (A) is a triplex that could use some TLC on the interior and exterior and in a D class neighborhood of the city.

If Apartment A is a 2bed/1bath with washer/dryer and Apartment B is a 1bed/1bath with no washer/dryer, Apartment A should pay a higher rate.

Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.

At that point the price appreciation will be driven still by the seller's through a steady increase of their list prices - but that is way less powerfull as these 15 offer competitions that drive prices 10-15% over asking.

@Kelly A. I

I assume the AI that scraped the files made an error. 

The LTV/down payment will be driven by population and cash flow.