I'm seeing deals daily in the MLS, so they are out there, and of course if you pick a part of town that is likely to have a high rental or low income market, you should be able to farm the hell out of it and pick up some off-market deals. :-)

But with the crash I was able to pick up a small house in Norwalk for 150K with an FHA loan.

I have some knowledge of Fall River but I’m sure there’s someone on here who isn’t more well versed in the neighborhood classes there.  

My nights and weekends have been almost entirely devoted to real estate over the past couple months as I am absorbing as much content as I can through BP, books, podcasts, etc. as well as taking classes online to earn my CA real estate license.I have to say I am a huge fan of the BRRRR strategy at the moment and would like to get into the buy and hold rental income investment arena...particularly with MFH investing.

Is this a very big turn off for sellers to pick a different offer.

Is this a very big turn off for sellers to pick a different offer.

Make sure you are experienced and understand the asset class that you will be purchasing.

I don't think there's a right answer but you need to know what you are doing.When you take multiple applications at the same time and then pick the "best" from the pile, you run a real risk of a discrimination complaint.

These units are a C-class area if that gives any extra detail. 

I have been reading the forums trying to get a list of qualifications to use, but a person with rentals in an upscale neighborhood in CA where rents run 2500/mo. on average is going to have a completely different qualifications than someone doing working class rentals.