Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $362,000

Cash invested: $15,000

This was my first commercial (6 unit) multifamily deal. When acquired, the pr...

. $500m loans aten’t done by street level jokers and anyone doing $500m loans doesn’t do $10k loans. 

I do however, think that it would present a very unique opportunity for a buyer with children whom wants to relocate from the city (easy commute in) and perhaps have additional rental income, OR move the in-laws into the ADU. 

As far as economic indicators go, there are 100 cities that are comparable to Dayton...it's a lot like Cleveland in that it had a declining population for 40-years...and now appears to be stabilizing. 

I am an attorney in New York City (non-real estate) looking to purchase single or small multi-family homes in Utah or Maryland (family and contacts in both areas) for long-term rentals.

Off street parking, low maintenance, open floor plan on main level, central-air, fenced rear yard.

Check out socketsite.comLuxury condos aren't doing hot in SF and there's some examples on that site that are interesting.I think the key here is that it's specific condos some of which were likely overpaid and now we're seeing true value but it's more of unique situation then city wide trend. 

. #5  Get to know the neighborhood police officers, city officials, and social service organizations in your area.

About 6 months ago I purchased a foreclosure in one of the nicest neighborhoods in the city I live in.

You have 2 choices;  You can go to the Dr, who will give you a prescription, OR you can go on the street, behind the alley, and visit "Joe" to get the same (seemingly) pain pills.