Extreme examples would be communities that depend solely on a military base or Detroit’s dependence on the auto industry in the late 70’s and early 80’s.Government and political influence can also help or hinder your investment returns so it’s important to invest in states that support businesses that focus on your target asset class and business plan.

You would put down a substantial amount of money and they would do a loan for the rest.

I was doing 6 months of rent but now that would a substantial amout gaining absolutely no interest.I know Barclays yields about 2% on their savings account so I've consideres putting it there.

The “fund” reports its status as an Opportunity Fund simply by filing form 8996 with the entity’s first annual tax return.The difficult part usually is navigating all the rules in order for the project to qualify, but that can be relatively straight forward for new construction and projects involving a substantial rehab.

But that sounds like a low paying job to me.From what I've seen in the area, you need to do substantially better than the 1% rule to make sense in the City of Syracuse because of the high property taxes (~3.4%) and high cost of capex with the brutal winters and relatively low income population.That's just my observations, I'm by no means an expert.  

Cons - (1) You must substantially improve the property.

Less than 10 miles from Boston, Quincy is a historically blue-collar city due to its manufacturing and industrial base, yet has diversified considerably and now has a substantial mix of professional residents in healthcare, finance, education, and insurance.This major medical building development will be the ‘jewel’ of a $1.6 billion downtown redevelopment that has been ongoing since 2011, and is aimed at providing high quality integrated care, both primary and specialty, closer to the residents of the city.

The house is now worth approximately $350,000 after slight renovations and market appreciation.Rates have dropped substantially in the past year, and I’m curious if I should refinance to a 3.5% (lowest rate without buying points) and add the closing costs to the loan balance, ($13,000 or so) making my new total $335,000 and dropping my monthly payment $140.The numbers make sense for cash flow, but not if I were to sell the property within the next few years due to paying the VA loan fee, and the Closing costs due to refinancing. 

However, if you don't at least collect a SUBSTANTIAL down payment up front, then an RTO deal for the seller is basically just a promise and you can't cash a promise.

It is not too far from the University of Michigan stadium in Ann Arbor, and there is a substantial STR market in town, especially on football weekends.