It might only take one of those things to potentially wipe out your CoC Return, periodically.If you're concerned about the neighborhood, I'm guessing your property Insurance will likely be double, and your ongoing repairs and maintenance will be significantly higher than 2% of rent, too.People can make money with these parameters - but the local market values are low for a reason.Others may have comments about that specific area.

I specifically focus on retail these days but in the past did larger apartment buildings but they are cap rate compressed now for the most part.To find a broker or agent you need to define what it is you are trying to do.My clients minimum purchase 1 million or higher in price.

You will find tons of information here as well as answers to specific questions you may have.Good luck!

Seller financing isn't always a good option because banks specifically forbid it, because the buyer has to take a deed transfer and that would cause a lien position loss on their end. 

I own my own washer/dryer & can get a microwave if I need to.Things I've had issues with:Tiny bedrooms, terrible lighting, and terrible leasing offices (apartment specific).Things to know:This is for my family.  

Check out the LA housing department's website for specifics.

I can see on Zillow that a few properties in the neighborhood are renting for around $1,000 a month.By the way, I've noticed that it helps to be as specific as you can in the forum post title.

Would love to hear of any other great tools out there.www.rentometer.com - compare rent for a specific address to the surrounding areawww.rentlingo.com/where-should-i-live - heat map for desirability of specific areaswww.areavibes.com - provides info about desirability of areas. 

Specifically, Euclid , OH Zip 44123 is a subject of interest2. 

I'd love to help you but completely understand if you want someone intimately involved in those towns specifically.:-)