Is it a bunch of child molesters next door or just a massive change from suburban neighborhood to a C class area?  

Wilkes-Barre also charges $150/year per door for the privilege of being a landlord. 

Since we did not have the HELOC process started and escrow opened...we had to decide what we were going to do or else we would lose the deal.So as of now, we are doing 5% down owner occupied.

Numbers ran, cash in hand, offer out the door same day.

id say for sure new paint, new countertops, new stove/fridge, new front door & just a few windows need to be replaced. i drove around the property and some of them have already been replaced. 

And as long as the property is cash flowing even just $100/mo per door or unit, even though that isn't much, it is like a free $100/mo and plus the equity is growing. 

Move ever year and do it again. 10 years 40 doors. 5% conventional or 3.5% FHA loans.

I don't have a crazy amount of money unfortunately but hoping to at least see if I can put my foot in the door.

Although directly affected by the performance of an asset, the cap rate is really a driver for understanding the affects that outside capital is having on a particular market.

Join us for food & beverages, door prizes, and our exclusive Buyer's Sheet that are distributed at these events.Thanks!