Waterbury seems to have a decent number of somewhat distressed 3-4plexes selling for under 20k, which would require maybe 20-30k worth of rehab and redecoration to get in rental shape (certainly not to get them beautiful).

Beautiful property but still in need of $60K-$70K in rehab.

White, blonde, with red convertible, walking and driving all over in a 99% low income black neighborhood.

I remember one of the shows on the podcast had a guest who mentioned the 'book-sized' application form for new tenants and how he would go through it with the potentials and weed out the red flags.

Here is a graph showing the percent below originial asking price over 50, 100, 150, 200 days red and yellow lines are moving averages and are intended to establish a guideline for discounts.compare that to fannie stay away from short sales

I'm this this type of wording in several of the listings:-Bank Owned Sold As is w No Disclosures--All Info is Approx--Contact agent with any questions-Is this a red flag, and I should run the other way?

A metal roof you can paint with oil based enamel made for roofs usually in a red oxide color.

I've been browsing your forum for a little while trying to educate myself.I'm looking at the purchase of a beautiful peice of property being run as a Resort / B&B.

Beta fish are absolutely beautiful, yet aggressive toward other fish.

I'm not trying to sell you on New Haven but it actually has some really beautiful neighborhoods.