Code may have been different in your area than mine, but I find homes built at that time to be better built than new homes.Check the wiring - I usually only see aluminium wires in homes built in the 70's, but could be there in the 60's.

We didn't want to limit ourselves to a specific zip code, but a lot of the houses we're eyeing are in those areas.

Thank you all for your answers I am marketing more on Facebook and I have seen some leads come in, I was to keep marketing that way and eventually target a zip code and mail out postcards or some type of value that brings is the numbers

I also see evidence that the newly appointed owner has been working on the property to try to fix it up to comply with the city code but it has been taking over 2 years and still hasn't fully finished. 

Hi, we would also install used furnaces, but our City code changed and now all properties have to be inspected. 

Anyone have an accurate tool where one can tell, preferably down to bedrooms by zip code what the appreciation is?

What has work for me in the past is just picking a few target zip codes pulling how many cash sales are in that area using listsource.com then deciding if It would be a good area for me to farm numbers and start calling around to gauge motivation!

Oh yea, deduct your expenses such as loan serving fees, BPO/CMA, special servicers fees, O&E reports, attorney fees, code enforcement liens, forced placed insurance, unpaid taxes, repairs, then you get ROI.Consider these steps to being a note investor1.

Also the coupon code MAPINVEST should get you 10%off.As for Charlotte, it has been tough to get deals.

So my 184 unit complex pays $1840 per month and my 432 unit complex pays $4300 per month.For that price, we get:All accounting services except for audit and tax.Management of all homeowner issues/complaints/maintenance requests, etc.Management of all vendors, work orders, bids and quotes, etc.Regular code enforcement walk through, notifications and fine managementInterface with collections attorney.Annual meeting management, including adhering to proper notification periods, proxy counting and all the crap that goes with it.For my larger complex, we get a management company employee who sits in our clubhouse 2 days per week to help homeowners with dues payments, questions, etc.