Low price point, high cash flow, little competition?

I’m hot markets like Columbus, it’s getting tough to even get 10% CoC in C class neighborhoods just because it’s becoming so hot and competitive.

NJ is very competitive now and those price points for rehab properties are all being sold to cash and the MLS versions will sell higher than asking so you would need to be looking around 200-215k.

Lol A good property manager can get labor done for a fraction of the price you can...for example, unclogging a shower drain - $200 if you call a plumber / $50 for 2 hours of labor by your property manager.

@John DanielHouse hacking is super competitive for multi.

Unfortunately, I don't have any pocket listings that meet your needs at the moment, but I do have some unsolicited advice about this market:I know it's very competitive here in San Antonio, but I still have plenty of clients winning bids with financing contingencies.

@Laura Casillas for a 6 month PPC in Austin TX (competitive) I would recommend at least $12k (2k per month) at the absolute minimum. 

Now, if thy are all owner occupied, it makes it much harder but doable if you have them priced correctly (competitively) and you know the market that they will all go under contract at about the same time.

These are usually used by big complexes with lots of competition around them or in bad rental markets.

Just been having a lot of trouble finding an institution to loan on an MHP, and with competitive terms.