Turn key properties just don't pencil out as good fit investments for me.

So to sum it up - prioritize fit & expertise over location! 

There are so many neighborhoods and it really does vary from street to street in some areas.

Know the neighborhoods.

Well without knowing the neighborhood I would have given him his 14k. the avg home value in the area is 60k to 65k.

Even after lowering the capex it seems like this property is just not fit for a rental with my low down payment.

What neighborhoods are you flipping in?

All properties are in good living conditions.Here are the Properties rent and size1. 2bd/1ba  rent $300 per month 1050sqft2. 1bd/1ba rent $325 per month 645sqft3. 2bd/1ba rent $350 per month 1050 sqft4 3bd/1ba property manager lives rent free could rent for $600 per month 1200 sqftThe sellers chose to do low rent because of the neighborhood but each property can easily pull in a extra $100-$150 per month.My question to BiggerPockets is how should I determine my purchase price?

We realize we wont get rich with this one, but its a small, safe option in a hot neighborhood (average DOM is, like, a week.)BUT- Rental here is also a hot commodity.

I’m a buy and hold investor so a flip just didn’t fit into my whole plan.