Buying there and the 5th ward is like a falling knife and how to dupe out of state investors that look at map & a spreadsheet, without really an understanding of the city itself. 

Our contract states that I will give the current tenants 60 days notice from the day of closing that rents will be raising, but would it be too much of a jump to raise rents to $1600 for 3B units, and $1300 for 2B units?

If everything else looks really good and they seem like good renters all around besides the smoking, you could add an addendum into the lease stating that they must smoke outside of the property and that they would be responsible for any damage (discoloration, smells) left over as a result of the smoking.

This question will be state specific.

I wanted to share an interesting article. 

Also according to Furnished Finder its 5th in the state and there are 133k+ searches in the last 12 months and only 365 homes available.

Hi, I am based in South Florida -- looking to buy first rental property, looking out of state at Markets like Columbus, Memphis, Pittsburgh.Targeting cash flowing properties on the east coast.

Since becoming a member of BiggerPockets, the only emails I've been receiving are the daily alerts that I ask to receive as well as a weekly digest of interesting articles published during the week past.

If the seller's contract lists a deposit that was never paid the tenants must execute a Certificate of Estoppel prior to you closing which states no deposit.

The examples herein are only meant to provide some ballpark ideas to get you started.In this article, we’ll explore the 3 main criteria you should look into when evaluating projected returns on a potential real estate syndication deal.Three Main CriteriaEach real estate syndication investment summary contains a barrage of useful data.