The new owner has since failed to pay utility bills in one of the two building, causing it be condemned.

but there is equity in the property.he wants to get 2.2M for it in an ideal world.My situation:i'm invested in other properties for fix and flip, so I can not flip this one myself... though I wish i could.

Pretty sure one can just Google Youngstown Ohio and know that the place is crumbin' down (get it?).

So, if the idea of hunting for your own deals is attractive to you how about just hunting for deals in general, making some money on those by wholesaling them, and then every once in a while you find one that you can keep.There are other strategies too but I thought that one might be a little more inline with what you were thinking.  

Our unit is booked up with one-day turn arounds for the next few weeks and I am not sure what to do next.

Your offer should match the type of person they are.

I just wondered if anyone had success with a particular one. 

The only reason we were pointing for NJ is because of how we set up the LLCs right now, but as you know, it would be pretty easy to spin one up in NY if the right deals come along.I see you have all your contact information listed.

I do understand this is just one factor in evaluating investment properties, but is there a “rule” or general number for price to rent ratios that indicate a “buy”?  

born/raised/ and ivested in houston my entire life. ive been selling all my single family one by one in the lasat 2 years. nothing makes sense to buy. taxes and insurance hit us hard like many others. i'm not an LP or private lender kind of guy so ive been just stacking money into a money market fund and waiting.what is everyone else doing to find cash flow?