This is on a property that had a CSS done on it some 6 years ago when we got it (and placed a new roof at that time too part of the rehab). 

Hello All,As an out of state investor who owns a few properties in STL, does it make sense to join this association?

That could be anything from not accounting for capex/repairs/vacancy in their calculations or a complete lack of knowledge in how to calculate their future property tax obligation (this is a big deal in Michigan).Just the other day I had a call with an investor looking at a 10-unit property in Detroit.

You can often secure a loan based on the property's value rather than your financials, making it easier to get approval quickly and move on deals like the one you found.Using private money can help you fund the purchase and the rehab costs without tapping into your home equity or savings, which gives you more breathing room and allows you to focus on the project.If you’re interested, I’d be happy to walk you through how private money lending works and how it could help with your current deal.

I also get a lot of calls from the yard sign in the front yard of the rental property I’m listing. 

Multi family, storage unit facilities, profitable commercial properties, I’m open to exploring.

What will property taxes be when you purchase it at the new sale price? 

  * A bonus play would be purchasing a small commercial property with at least a 25 space lot in the aforementioned areas; the idea is to convert the lot into paid parking to increase value.   

What does scare me are hidden fees or liens on the property I cannot currently see. 

Should I look at new construction properties in new communities that seem to be appreciating or older property that has lower mortgage and more likely to cash flow?