$200-$300 cash flow is a good number after all expenses but I would find a way to increase your COC return. 8% is pretty low but if you can find a way to have less of your cash into the property, your COC will be higher and you'd have more to invest in other properties.

That $200 would help with that expense.

No properties inside it yet, but currently using it as a flow-through for rents, banking, and expenses for my 4 units.

The first property while more expensive the area might be better and the dirt later on if needing to re-tenant will generally be more valuable.

It definitely requires a long term perspective and able to supplement the cap expenses in the short term.Most of my rentals are in working class areas (Class C with some that may be B-) and small multiplex (duplex to quad). 

foundation work can be expensive, but when repaired properly and defects are corrected I would, sign any limited lifetime warranty, but I refuse to market that way personally....I would rather explain this to my customers why they do that instead of just being honest and say it's marketing and then break it down

It's located in Douglasville, where the median family income is $143,000, and the seller is asking $385k for it.

Fremont/union city too expensive to have positive cash flow (willing to do 25-30% down).

purchase 200K for 12 units, income 6300 expenses 1500 currently rented looking to hold not flip

We know those tenants don't have the money or income to collect against if they destroy our units, so its cheaper just to pay to get rid of them than to run those legal expenses and risks of further damages.My advice - this is a small enough amount that its worth it to try to settle and if that doesn't work, pay outright at closing.