@Dana Sarcona if you’re still looking areas like Secaucus (besides the North End flood zone areas) Rutherford, Lyndhurst and Carlstadt all have good schools, safe neighborhoods with easily accessible public trans to NYC.

@Dametrius ClarkI give lowincome/ poor people a cheap safe place to call their own .. that in itself is an asset to the community

If you get a vetted, high quality tenant that is likely to be a safe bet to make money, would you reduce rent in order to close the deal? 

Safe-ish area with solid houses around.

The good deals are never found on a device or at your computer in your underwear. 

Can I then safely assume that there are no more encumbrances on the property if nothing but the first mortgage is showing?  

So I feel it's safe to say you will not get Class C with a 2% rent ratio there either.You can spend some time to research secondary cities in a state on your own.

Property Info:3 BR / 1.5 Bath / 1200sq ft Bought in 2017 for $163500 Down payment of 5% + $3k in closing costs30 yr FHA loan @ 4.375% Remaining Principle Balance: $145kMonthly rent: $1500 Vacancy: it’s never even had to go to market to fill, but I’ll say 1%/mo just to be safe Cap Ex: I bought it freshly renovated, but I’ll use 5%/ mo to be safe Repairs: 5%/mo to be safe, but in 3 years of owning it I’ve probably spent $100 total on repairs.

Hi all, hope everyone is staying safe out there.  

@John AcklenI’m thinking overall 100% occupancy being is the clear cut best to strive for, but honestly that, on a consistent year by year basis, is rare during a hold.Hovering at market vacancy or below is safe.