We discovered what we wanted for our target market and demographic/property type and became very familiar with everything involved in making deals work out there.

Small touchups (landscape, some paint, washer+dryer in basement); not much work is needed.Will add higher-quality lighting fixtures for higher rents.

We are going to fix the parking lot, paint porch ceilings, improve landscaping with box woods and mulch around the buildings, and improve interiors by replacing old appliances and upgrading bathrooms.

I don't really care for allentown because its not my preffered demographic, the outlying areas are more appealing.

Since then they have taken down a ton of my landscaping, built rock walls and planters on my property. 

At the end of the day, all real estate is is any other business revenue needs to be more than expensesThe biggest difference between single and multi from my experience: multi you pay for landscaping.

The landscaping/snow shoveling according to the owner is factored into a reduced rent by one of the current tenants.

So far I have used Census.Gov to gather general info on income, demographics, education etc. about potential areas, but the information here is too broad and doesn't narrow in deep enough to assess areas that are more speculative or transitional.

I will document/take notes on my session and share with the community.Assumptions:My target demographic: College students/young professionalsSweat Equity: I am willing to work on the weekends and weekday evenings Time Horizon: 5 - 10 yearsObjective: Financial Freedom at the fastest rate with the most conservative risk level.

I have several properties I'm interested in, I'm preapproved for an investment property mortgage with my long-time credit union, and have property management, landscaping, and general maintenance already lined up.