And are generally mitigated by buying a property that will attract a quality tenant.. if you buy in C and D areas you most defininatly run those risks.

9.75% may be attractive in other markets, but in this scenario, it seems low, no?

So your $900 rental might not look so attractive in a $600 rental neighborhood.

Their equity based lending looks attractive. .ThanksJuanMODERATOR:   PLEASE LIMIT DISCUSSION TO THE LENDER BEING ASKED ABOUT.  

What mattered most to me was that I was in downtown Philadelphia, with easy access to public transportation and most importantly that would attract a roommate right away.

The larger brokerages that teach agents how to think, attract business, how to network and solve problems have the best record.I think what we have in RE education is where most wearing the teacher's hat don't understand laws, ethics, technical aspects of RE or consequences of actions, they are product oriented, the pitch, the deal, the step by step system.

@Trey GoodwinFor flipping, the only "bad" areas are the D-class and war zone areas, but even those areas are attractive to some buy & hold investors, so you can flip a turnkey to another investor.If you stick with B-class areas and above, there truly isn't a bad area in the entire Metroplex.  

The cap rate at current rents was something near 5.75%-6% and cash on cash was not attractive either given the $ needed to spend on the first day, etc.  

As I stay committed I am hoping to attract others who remember somebody helped them.  

In Cook county, it could be awhile before the owners are out and that makes that home extremely less attractive.