A little lower than asking (140K and 120K), but with 10K earnest money each.

I paid it off last year.I've had 2 others with same terms, but lower rates. 

Thus, the vacancy rate for this area is lower than 2%.

It wasn't anywhere near the magic ratio of 1.5 rents/purchase price but with a slight bump in rents and if they accepted a lower offer, we might get the ratio pretty close to 1.25 which I was ecstatic about in this market.

After building some rapport, he offered a 23 unit brick complex in a solid location on the New Britain /Kensington line for 300k down then eventually lowered it to 250k down for a length of 10yrs @ 6% and wants 55k per unit.

I'm building a duplex and using a lower cost builder who doesn't do any of the site work. 

I don’t ask for any lower agent fees when selling and she gets paid when I buy so it’s a win/win.

Water runs down the street, and enters a thoroughly inadequate drain - it is both small and horizontal so it clogs easily - and then over flows, running down the stairs to the lower patio.

A benefit of a USDA loan is that it has lower credit requirements, and it offers 100% financing, but there are income limits. and if you find a house in a USDA eligible area, you're going to seriously limit your market for rent and/or resale due to low population.

They are not increasing taxes on some of the lower end properties.