Hi Rob:Besides price and less competition for properties, what were the deciding factors to build your team to invest in Kansas City and St.

Bad areas have their challenges but there are ways to invest properly and and you can even improve the property and the tenants in the property if operated properly.Management is the number one factor.

Sometimes you can look at stats all day, but common sense still needs to play a factor. 

How much of a loan will be dependent on the income, debt and other factors.

@Diamonte ZarbaWelcome to BiggerPockets When figuring out MAO  I use the following numbers ARV x70%, - repairs -holding cost (10% of ARV), desired profit (20% of ARV) , cushion or oops factor (7% of ARV) = Maximum Allowed Offer Hope this helps Steve

So, you determine "Goldilocks" market rents, discount it by whatever stable vacancy factor (say 15%), subtract your expenses (any specific $$$/unit or range?)

Hi Shelly, Equity is somewhat subjective, because there are so many factors to take into consideration.

There is some type of restriction on the number of members and often they must be family members or other limiting factors enclosed. 

I also put in a number for property management...you may plan to manage it now, but for me if it does not CF when you factor in prop mngmt I stay away.

At the end of the day, the numbers are a factor most certainly...but I've walked from pretty numbers that my gut said were going to be ugly, and I've also grabbed properties that for most would have been a no go because I was content with the appreciation and depreciation while I waited for the cash flow to get juiced up a bit...so it really depends on your goals.