@Renee CossRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Thank you!

Thank you!

Thank you in advanced

What kind of sheets do you think would work for this?

You also?

Are you still interested in this property?

Obviously you hire an eviction specialist, preferably a year ago they would have paid for themselves already.

You are only really assessing based on CAP rate which tells me you are only looking online and assuming their CAPs are correct.

If you have access to a line of credit on your primary home, that could be a good option.