Commercial, as you can imagine, is always tougher in the smaller rural areas (commercial location not significant in my mind these days, I'll elaborate more another time).

@Tony RodriguezAre you located here in NJ and drive a grey Maserati?

Deal is in downtown Tupelo in prime location.

Previously a duplex, with one bedroom one bath units, we transformed the property into an SFH with three beds and three baths, the property has a ton of space, which is excellent for the crowded downtown location.

I found a deal the other day that looked like this: $100k for 3/2, 1600sf, decent yard, decent location, comps could maybe get to $150-175k, no mortgage - house is paid off.

Now i'm finding it more difficult to locate cash flowing deals thank GOD i was able to close on my last deal just before this last rate hike which was a long and stressful process.

The home was a bad investment, and the sooner they can recoup part of their capital the sooner they can re-deploy the capital in a way that is profitable.

Sell at a profit5. buy bigger deal6. on and on You need to know your market, know the downfalls of rehabbing if that is what you want to do, you need to know what your numbers are and how to calculate them, you also need to know what is happening in those locations, you also need time and know how to use it best for yourself. 

It's difficult to gauge as most people only do seasonal rentals where it's located.

Deal is in prime location.