Not sure what your price range is but obviously ocean block would rent more frequently for more $. 

If the property is priced right and there isn't something seriously wrong with it, they will get offers on the property.

Purchase price: $71,000 Sale price: $275,000 single family home bought and used as a long term rental. switched to STR and held for a few more years before selling to another investor What made you interested in investing in this type of deal?

Credit score- the higher the best. 760+ generally gets best pricing for investment property loans with most lenders780+ generally gets best pricing for investment property loans with most lenders.

That creates a really nice price / rent ratio which is favorable for investors looking for cash flow.

Unit A is about 100 years old and Unit B is almost completely new.Pros:-The duplex is in a very desirable neighborhood with home value appreciation year over year at about 50+%-Rent is also in high demand within this area-Cash flows well even with high interest rates and increasing property taxes-Home is price below average cost per sq ft-The house has been renovated and some parts of it has been remodeledCons:-All issues are with Unit A, the 100 year old unit.

Secure contracts with sellers at lower market pricing, then connect with cash purchasers eager to pay more, earning from the difference.

Most work this way: Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

The cost basis receives a “step-up” to its fair market value, or the price at which the good would be sold or purchased in a fair market.

Purchase price: $1,730,000 Cash invested: $560,00014,000 SF 11-unit mix-use building consisting of 2 retail spaces and (9) second floor apartment units.