Hello BP community,This is my first post on the BP forum, thankyou in advance for any advise.We have lived in the US for the past 15 years, mostly renting and previously owning one property.

You can get good rents at low entry points in some of these areas, but there’s the question of finding good tenants along with the downsides of being in a high crime area.

We have about 9 months of housing supply, and this is expected to increase in the coming months.

Was recently a rent to own contract if you’d be willing to get a hold of me asap.

@Jorge AbreuDo you encounter sellers who are hesitant of carrying paper because they don't know the buyers, or are the 30% who agree mainly focused on the increased price?

Monthly mortgage payments including insurance and tax would be around $475 while the rent would be around double that, leaving me with a monthly cash-flow return of about $500. 

The property I'm considering investing in is a multifamily facility, ~600 units with 95% occupancy, and the play is to increase value by renovating the units and holding for 4-5 years.

Im currently renting, but have a good deal of money saved up.

So I really don't have details on it, other than when I saw the posts that there was not one person that said it showed a great increase in ADR.

I had a retail deal and bank had an appraisal of $10,420,000, looking at P&L from 6 months earlier on the subject the NOI was $300k, looking at rent roll of a month in August the income was $105k with 35% vacancy, asked the asset manager how did the come up with $10,420,000 and he said based on that month rent whats renting in the market not considering this is a stressed property and wanting around 80% off that amount which did not even make sense what so ever.