My passion is to invest in real estate as well as provide my level best in assisting others with their Real Estate needs.I look forward to engaging and being involved in reading/analyzing as many blogs - books - podcasts - personal experiences to which can help benefit me and others positively within the realm of the Real Estate industry.Thank you for taking the time and reading my post.

I have decided to pass on this one because of lower rent (my PM confirmed it's between $950-$1150), loan issue and capX expenses.  

I had 2 offers the first day we listed it for sale.I still buy the lower priced ones and rehab them but then I hold them as rentals.Sort of a rule of thumb for me is anything under $100k = rental above $100k is a potential flip.It's a bit of a slippery slope though because I avoid higher end homes which would be $400k+ in our market because they are harder to sell and I don't want to get stuck with one in a downturn.

I imagine somewhere in Dante's levels of hell, management of these types of properties in Memphis fit somewhere.  

Are you coming in at asking for the short sale or is your offer even lower?  

Your professional education requires effort and a maturity level beyond the level of college students attending frat parties or youthful happy go lucky work ethics.

I do this on the lower half of my screen doors.

14 units with 3 commercial spaces on street level.

Assuming the current note fund I am looking to invest has x% return and has three year term, should I be expecting a higher or lower return in the next tranche if the interest rate rises in the coming years?

Competent financial literacy is sorely lacking with many in the lower and middle classes.