If you can afford it, have every communication go through your lawyer. 

We recently took a chance and decided to invest outside our immediate area in order to secure deals – a potential first flip or affordable rentals with good potential rental income.

The real challenge is getting the building ready for the "conversion kit"....once the envelope is ready, the kits go in pretty quickly and relatively affordable (as low as $7 per rentable square foot assuming you are up over 20,000 square feet).

You can't afford the first place.

Housing at first glance appears expensive, but with a little analysis you find out that housing trades at only 4.5x incomes here making it pretty affordable measured against how much you make. 

So yes you can make money if the house for sale is affordable and you can make the numbers work.

Start smaller than you can afford, you will need financial reserves.

Those are already some of the most affordable houses in town.

I’ve mentioned this strategy to many of my friends but they all just want to live in a pretty house they like so they go about it the American way of buying a house at market value that they can just barely afford because it’s in a good neighborhood and they want to live in a nice neighborhood.

Hey Logan,The largest inventory and more affordable prices in for smaller apartment buildings will be in Western MA where it was previously manufacturing cities with large housing complexes.