IF you can qualify for the $1million+ duplex downtown never a shortage of rental demand, but have to be able to qualify for that price point. 

Ask them about the price but also ask if they need you to secure financing.2.

If the price was right on Turn-key maybe, but probably more of the fixer-upper that can be leveraged later on for additional property or sold for a nice profit. 

Often $500 + a small percent of the listing price. 

This would also allow you to get better pricing from lenders.

Purchase price: $265,000 Cash invested: $200,000 1930’s historic home with a converted garage.

.- Potential for higher returns - Flexible pricing - Short-term commitmentCons.- Requires active management - Subject to regulatory risks - Income can vary seasonallyI wish you the best in your new venture.

I went with Kiavi for the refinance, paid $1,000 for their appraisal, and was shocked when it came back at $115,000 the exact price I paid for the property.

For investors who want a "perfect property" Rent To Retirement sells new construction homes in more expensive neighborhoods for a higher price point.

Home prices have doubled in the last ten years and we are still well below the national average.