It’s also in a city I know very little about (Norfolk, VA) here are the numbers- I welcome your thoughts/ insights:$259k - sales Price (4- unit building fully occupied)$1460- total mortgage payment (after 25%) down $305- Property Management Feee (10%)$105- trash (total water is $315 p/m but seller bills water to tenants and has it written in the lease)$60 - lawn careTotal rents are $3050Owner says monthly expenses are low.The best case scenario is net income of $737 assuming $400 extra monthly expenses (for worse case scenario unexpected expenses which always come up) and assuming all the tenants pay their rent.Positives- - Seems to be a good cash flow if expenses are kept low and everybody pays- 4-plex is located in an 85% residential area- building is ok condition (built in late 70’s) except roof is 18 yrs old- all tenants are gainfully employedConcerns- while the neighborhood visually looked fine, according to crimemapping.com its a moderately high crime area.

I am located in Charlotte,Nc!

Also if it is state specific and where I can locate that information.

@Marlin Helsel - I am not sure of your exact location, but if I could give you one piece of advice for meeting people, it would be this.Go to the Nav Bar > "Network" > "Members" Search for members in your area and message them asking to meet for coffee to just chat real estate.

If you don’t mind I’m curious to see location.

For my brother-in-law's living arrangement I am solely focused in Kansas (job location, kid's school, day care, family).

Select Tertiary markets look better .If your location agnostic I agree with the poster who recommended the Southeast but dont get into a market that has already popped like charlotte, Nashville , or Charleston .

Is there a how too for locating properties for sale with assumable loans on them?

I have a few questions that real estate investors (located in Ohio) might be able to answer!

And also just curious as to what a fair price for a rundown golf course is...I believe where we’re located this could be a great opportunity.