Please evaluate and lend opinionsForeclosure REO Bank asking for $135k2 Unit 4br/2b 1,687sq ftComps are low 160s high 180s But i will be conservative and say $160k for similar house sold with the same square footage The home from pictures look to be in fair condition and in a C+ neighborhood next to a military base.Firs step i went to get pre qualify with a bank to see an estimate on how much i qualified for$100k since this is not my first property (living in a SFH under VA loan) I would like to go with a HML to speak the process and go that route to BRRR the propertyHere are some question i have,1.

@Peter Stewart What are your thoughts on the Mapleton-Fall Creek neighborhood for next 5 years?

@Blair LeeWhat kind of neighborhood class are you considering Are you more concerned with appreciation or cash flow

Based on comps in my neighborhood it would be $3 mil or just over.  

I do see some but in D neighborhoods boarded up..

We found a two-family that we want to move in to, we have been looking for a long time for a house in that neighborhood.

My last rental home (room rentals), I was positive $500, but neighborhood went down the drain so I sold it.  

In a neighborhood that you know very little about, what website do you use to set a rent?

I’ve now found a 15 unit complex in my neighborhood that I love.

The house is in a great neighborhood and in 2 years appreciated 60k.