I think Allentown and Scranton both have potential.

BTW I would bet the tenant is lying.

Yes there are quite a few around 350k, with lesser rent potential

How can I assess its potential and mitigate risks effectively, especially given its location?

There are a few good properties on the market that I feel have potential. - I have only ever purchased a turnkey property.

It's important to ensure compliance with local tax laws and regulations to avoid any potential issues.

Hello BP community,I'm currently in the process of potentially purchasing a multifamily property, and the seller has indicated they're open to seller financing.

Nothing like being able to sell the dream of dinner and a movie to your potential tenants, to help them see the need.

Couldn't have said it better myself mateThe pure fact that the poster is going out of their way to post about us is proof that we made the right decision.We "dodged a bullet" per se.I "touch" every investor inquiry because we keep our operation boutique and exclusive.7+ years later and 3,000+ investor calls, plus a thorough pre-screening process enables us to quickly make a decision if we are going to be a good fit.I have a detailed log in the CRM of basic questions asked that I won't reveal because I don't like dirty laundry being exposed.Plus my undies are Extra Large so I don't want anyone getting a complex heheheWe can sell houses to everyone until the cows come home but that's not the way we view our operation...It's not just about us but also making sure that we can deliver on the investors expectations.Do we sometimes make mistakes and turn down a potentially good fit?

Property 1: 276k balance, 450k BPO, monthly cash flow average $500 Property 2: 376k balance, 700k BPO, monthly cash flow average $450Property 3: 420k balance, 650 BPO pre garage, monthly cash flow $550 once garage is done Potential purchase: 375k purchase, 75 down payment, 3 units, currently rented.