At that price point you may have to do a little work and wait a few years for the immediate surrounding area to improve but as an investor that’s what I’d look for.

"The reason why is because of the rules that surround how much loans can actually cost.

I think of having a smaller carbon footprint by not relying on a car to get where I need, or sharing resources and infrastructure from a central network.

Depending on the sqft, and any specifics about the age of the infrastructure, I would imagine you wont be too far off no matter what you find.

In my particular market of high end condo conversions we are looking for tech based units such as Nest and surround sound features, pot fillers and wine/beverage bars in kitchens, and heavy doors and more luxurious hardware throughout the house.You should do a tour of a lot of properties in the condos/homes in that area and you'll start to get a sense of the theme of what the consumer demands in your particular market. 

I'm specifically speaking of the Louisville, KY or surrounding areas.

Duplex for sale: 2- 2X1units - slow appreciation area small town in SCPurchase Price: $137,900 Down Payment: 25% - I was told that I'd have to have 25% down for an investment purchase(Big Bank - still shopping around)Loan Amount: $105,000Intrest Rate: 5.5%P&I: $596.18Taxes: $72Insurance: $48ARV: ~150,000 - $160,000 - I based this off of the price of the surrounding propertiesBoth Units currently rent for $560- which is significantly lower than market, so would look to increase to at least $750 per unit = $1,500 monthly.The property is NOT in horrible condition, and I know that the properties are rentable without rehab, I'd budget approximately $7,000 to rehab and get the units more up to date for higher renters.Trash, utilities, water and sewer - expected to be paid for by tenantsPotentially will hire a local PM to manage the propertyAlso, hoping I can get down on the purchase price as well..I tried using the BP calculator but not sure if what came out was good or bad.Thoughts???

I have spoke to insurance agents in MS and NC, and both times they have given me a ton of information on the neighborhood and surrounding areas.- Find a geographical location that interests you and type that location into the BP search bar. 

I've decided to expand my rental investing portfolio into the Tampa and surrounding area. 

If it's surrounding Massachusetts and it's a suburban area they will go in they look for more yield of 6.25 to 7 cap.4.5% is low even for the Boston core on high quality class A stuff.