Yes, Jay D.

There are D-class areas in Milwaukee. 

:D

There are several new developments coming along National around 5th.Anything west of the freeway is strictly Class D territory.

@Stephanie Garcia, @Brett St Clair, @Joe D. thanks for your encouraging words!

@Joe D.

Thank you @Joe D

Welcome to the site @Carla MahoneyWith good credit and w2'd income you should be able to get 10 mortgages requiring only 25% down.

Here's a link to the spreadsheet: https://docs.google.com/spreadsheets/d/1p1_bi0JjtR...Property InfoAddress: 418 Melvenia St, Indianapolis IN 42619Assessment From 2015: $47,200Asking Price: $52,500Gross Operating Income:Monthly Rent: $650/moVacancy: -$65/mo (10% of rent)Total GOI: $585/moOperating Expenses:Real Estate Taxes: -$47/mo (taken from Trulia)Insurance: -$13/mo (taken from Trulia)Property Management: -$58.50 (10% of GOI)Repair Fund: -$58.50 (10% of GOI)Utilities: $0.00 (utilities in tenant's name)HVAC Maintenance: -$8.33 ($100 annually)Accounting / Legal: -41.67 ($500 annually)Misc: -$12.50 ($150 annually)Total Operating Expenses: -$239.50/moNet Operating Income$585 GOI - $239.50 Operating Expenses = $345.50/moMortgageDownpayment: $10,500 (assuming the asking price $52,500 is the purchase price)Mortgage: $42,000 30 year fixedInterest Rate: 5% (mortgage calculators default to 3.92% so I bumped it up)Monthly Payment: -$228/moMonthly Profit NOI - Mortgage = $117.50 (NOI - Mortgage)Cap Rate (NOI / Purchase Price)$4146 Annual NOI  / $52,500 Purchase Price = 7.9%Cash on Cash (Profit / Investment)$1,410 Annual Profit / $10,500 Downpayment = 13.43%Questions:General feedback?

d at my employers....