Hi - newbie here :-).  I just finished reading the Intro to Real Estate Investment Deal Analysis post.  So now I am playing around with current properties in my area to get comfortable with running the numbers.  But o...

You are job relocation, moving to another far away city, and this is the first house in this far away city

I am actually about to start managing about 50 Units in Atlantic City.

I use two different PM companies in two different cities and they each send the deposits electronically on the 5th and 7th of the month respectively.

The comps show the market value is about 45 to 52KIt is just in a bad city.

If minor issues are discovered under the home inspection/city inspection, what is better: a price reduction in the sales price or asking for a credit at closing?

You're in a great city for investing, and this is a great place to learn ;) Good luck!

Would love feedback from other investors on the city of Fort Lauderdale approval process and steps.

The land already has Electric, Water, Gas and a septic tank installed.The city has already blessed off on placing either a Commercial Building or a limit of 2 mobile homes on the property.In 2016 the Tax Estimate was valued at $24,000 due to improvements the renter has made to the property.I have a current renter who has been using the property for over 3 years wanting to buy the property and willing to sign a contract for $22,500 @ 10% for 12 years.

It was once a relatively affordable area .. similar to Culver City and Mar Vista but those days are long gone .