I've been heavily involved with the OZ program and it should make pretty large movements in low-income areas in the years to come.

In my market it is possible to achieve an infinite ConC through househacking, a 8-15% ConC through financing that enables the buyer to put low money down, and 8-11% using a 25% conventional loan (thanks to these dreamy financing terms we're seeing).This will vary heavily with each market and a number of other factors, so I'd get comfy with a local expert in the place you're wanting to invest and ask them.

The city is investing heavily in the area as well, including the building of a large park that will be directly connected to our property.Now that the acquisition is complete, the real work can now begin!

Then you back up into today and evaluated which strategy/ies give you the best chance of getting where you want to be tomorrow.I have invested in both cash flow and appreciation markets and if I were to start over again, I would more heavily be in the appreciation markets.

And that's what I do (heavily invested in Detroit and continue to do so).People love to jump around and "diversify".

Appraisers will look heavily into price per square foot if there are no comps in the direct area they expand outwards and make their own assumptions based on what data is available.Potentially you could get an appraiser to appraise the property current/improved state so you can see what you are working with.

Then the next set of guest came, drank it, which was furnished by the rental, and then got injured?

Currently we're focusing heavily on Toledo, Ohio though.

The no-ratio rates are similar to DSCR- heavily based on your credit score and cash reserves.

The houses that make good rentals are heavily sought after by first time home buyers.