Glenn Espinosa If you're close to the border of the good and bad areas, and you can buy the biggest 4plex or cluster of 4plexs around (major player)- then you're set for a Landlord Driven Neighborhood Restoration type investment.If you've got the time to invest to provide leadership, then the petty crime issues will go away and you can meet your investment objectives.

If you want to own the sign and rent from land owners, you are competing with some big players that will have a major advantage.

Top notch resort.

@Caroline Siller Park City is an affluent resort area.

Hi Maryanne,As some others have mentioned, I'm confident you could still get 2nd mortgages on top of your conventional 1st, but it is just going to be a relatively higher interest rate for investment properties.The great thing is you have those low rates locked in, but the catch is... you have those low rates locked in :), so refinancing in your case should probably be a last resort.

Some of it depends on your "niche" for who you are marketing it too....If its a STR/MTR based more on vacationers etc that will be multiple families, kids etc staying in the area, then you may be shooting for a "resort" feel..... entertainment at the unit and space for kids.... then the game room and bunk beds/pullouts is the way to go.If this is more of a hotel/motel market....not a "resort" feel..... 

Keep in mind, paying a tenant to leave is a last resort.

Hello BP members,Currently I am a new player in this game :).After some analysis I have focused on Arkansas, even though it seems to be not so trendy as other states.My current strategy is B&H with a budget of up to 80-90K per SFH, looking for the 1% rule and higher. given that, I think that I should look for class B- neighborhoods, and maybe even consider section 8 options.Speaking Little-Rock metro:- What towns/neighborhoods should I really avoid?

Can you trust other players: Unfortunately there are lots of people out there willing to get ahead to your detriment.

There are usually a handful of players in any REIA group.