Neighborhood certainly matters with this model, but the result is higher rent, better tenants and reduced turnover and damage.Bottom line is do not write Manchester off.

This number has compressed as out housing shortage, with lower sales, drastically reduced the number of units for sale and selling.Now let's say inventory tripples to 900 units.

The seller credit reduces the out of pocket amount by paying the closing costs.Conventional - investment property = 2% maxConventional - primary residence - over 90% LTV = 3% maxConventional - primary residence - 75.01% - 90% LTV = 6% maxConventional - primary residence - 75% LTV or less = 9% maxFHA = 6% maxThese credits are also capped at the actual amount of closing costs and prepaids. 

The recent growth of domestic oil production should help to reduce the shock from global supply disruption.

@Mauricio Lopez heed the advice of others and do not get involved— reduce your risk here.Autism is a disability under the Fair Housing Act.

Tell him that you may need to reduce the number and see if they have any resources as you'd be calling as a customer.

Light rehabs with lower holding periods can work at higher all-in %'s since your exposure to risk (via timeline) is reduced and your holding costs are reduced on quicker flips where conversely, you may need more room for a full gut to the studs rehab as your timeline of holding period will be much larger (as well as your risk factors). 

Lopriore, Jr at FATCO  Read everything you can about time lines, new government pushes to take away or reduce 1031, and the hardest part in today's market is the replacement property as listings are few

The property was listed at $3.5M but was just reduced to $3M.

Maybe your agent and the buyer’s agent are negotiating reduced commissions to keep everyone happy.