If you want to sell that C or D class property, who is your target buyer?

Hi Dawn,Thanks for your message and comment.The entry price is quite low even for a C or D class purchase so the risk is minimum.He could actually get a 30-40% net return if the tenant stays for a year.It really is a shot in the dark.Thanks and have a great day.

If you act alone and get in some future trouble, bet on things going badly with a judge when he finds you were booted out of the industry by HUD. 

Would you consider it an C or D area?

If not and you're in a C or D neighborhood, you will get stuck with water bills.

You're looking at $375K for purchase plus rehab so I'd say it's not a good deal.Also, I would never bet on appreciated ARVs in a flip project.

It has the potential to net around 15% cash on cash IF I can refi it at around current market rates in a year or two, if not, it’ll be more like 6% (which, sadly, is pretty standard for the area) until inflation pushes rents up.Would you bet on this thing?

I know real estate investing is hard work and there will be tons of pitfalls along the way.

Some things just can't be answered in forums, so don't bet on getting answers to rely on.

But if you aren't, it's risky to bet on appreciation in order to make a property pay off for you.