On the upside, 3.5% down means you don't have much cash in the deal, so even minimal cash flow might be an okay return if you can keep expenses low enough.For a duplex in the midwest, I'd personally want $200/door net cash flow.

Either return the full last month's rent to old T or delay turning over occupancy to new T until old lease is up.

I then type 2-4 unitsUpon adding the units to the search my Count goes to 0I have also tried using the entire state as my geographical area and that result returns over 22,000 hits.

I know there is many other areas in the city that can be better but if I get a very good return on my money in a deal there I am open to it.

Appreciate your insight Dan, I can see why this is important.Out of curiosity, what metrics do you use to decide whether or not an investment will be profitable as a hold and rent property ie Cash on cash return, appreciation etc..

You need to determine the proper balance between what you invest, your strategy with the property, and the return you can reasonably generate.

You may not get too dollar returns, but you know what you’re getting into.

Many investors (particularly those who are buying) would welcome a return to less of a seller's market, with more inventory and more modest price increases. 

I work with many investors from out of state, and aside from their returns, their most important concerns are with the management of their Condo/Towhome.  

Well actually I just returned from the house with a contractor and we've determined from what can be seen that we will need to have about 25,000-30,000 in rehab.