If it came from a garage sale or craiglist, someone is just trying to make a few bucks off of something that would be disposed of because it is probably no longer fit for use.

Especially the type of neighborhoods, good locations vs. bad locations; market rental rates, and what's a good purchase price range. 

As far as appreciation, this neighborhood in Queens is walking distance to a neighborhood that has been gaining a lot of momentum in the last 3-4 years and showing no signs of slowing down. 

Unfortunately, I do not think the current broker I work for is the right fit for me to do so.

If you don't know off hand what percentages your local lenders will require, talking to them to find out is critical to the success of your exit strategy because you'll want to know how that the property fits your local lending criteria.

@Larry Fried around $900-$1200, I think I'd like to own more units in class A-B neighborhoods

I am optimistic about the growth of this neighborhood also although it is a cash flowing property and I am not counting on appreciation alone.

And prices will continue to go up, especially in the types of neighborhoods that amazon workers would prefer to live in.My guess is that if they move to DFW, it will be north of Alliance area, or maybe towards Mansfield.

Good cash flowing market but you really do have to be careful with the area...lot of variation in crime and neighborhood quality depending on where you look. 

I want to invest in a Sub200K area right now that will put me in about a B neighborhood with working class folks who care about their surroundings/block.