Older property in a part of town that is less desirable.

Like I mentioned, the ones I've used in the pay no longer seem to have desire lending to OOS investors.Thanks for reaching out

If you want to rehab and re-sell, or wholesale/flip, then you start with desired profit and work backwards to your value that you are willing to pay for a particular property. 

The 3 towns are highly desirable locations to live and inventory is low.

Since you are going to live in one side you may be getting emotionally involved and wanting to satisfy your own desires. 

In desirable areas especially, if the surround is in great shape, why spend the money to replace it?

Most wholesalers have no desire or funds to buy the propertyI did contribute.

Why do you desire to get everyone on a 1 year lease? 

Their contract listed rent as $100/mo discount to the desired rent for mowing grass.

Curious if anyone invests in the area or is a current resident and could share their opinions (good or bad) about the area.I’m looking to buy and hold small multifamily and ran some initial analysis of properties and a fair amount pass the 1% rule, but I’m unsure of the desirability of the area.