I’ve been looking at areas like Newark, NJ and Philadelphia, PA , which I find attractive due to lower property prices and property taxes.

As brokers and investors, what are the main challenges you face when doing deals?

My main concern was the age of the property but it is brick and seems to be in good shape.

@Mike McCarthyThat is exactly my main concern right now.

If you want the basic no-overlays Fannie/Freddie LTV caps, meaning the best you can find that'll be a good 30YF at an attractive rate...I think Freddie Mac 2nd home LTV might be out of date, rest should be accurate as of this date. 

They could find an agent and list the property at a lower price that attracts the investors.

Anyway I would like to do some renovations to the home now (cosmetics only.. exterior work mainly) and also start working on kitchen and bath cosmetic updates.

I have a ton of questions but here we go....I am interested mainly in buying and holding, learning about that first, then getting into flipping and tax liens somewhere down the road.

Burlington, a town outside Boston,  is building a lot of infrastructure and amenities which are attracting high income tech residents and the property values have been rising accordingly.

@Justin Hutchins It depends on the park and the type of clientele it attracts.