Purchase price: $40,000 Cash invested: $35,000 2 bed 2.5 baths townhouse nearby airport What made you interested in investing in this type of deal?

Good neighborhoods and high crime areas are sometimes separated by a single street/block.

The rental market is very hot here. 5 bed/3 bath goes for almost $2800-$3000/month.

The property is a newly built 1 bed, 1 bath loft apartment above a detached garage/shop in Idaho Falls, ID.

Currently the property is listed at $ 2050, single family residence with 4 beds, 2.5 baths, about 2000 soft.

I had not intended on purchasing an off market property so im learning this process as I go, currently awaiting seller P&S from attorney.Asking Price $169,999Purchase Price $160KSeller to pay $7500 towards closing2 units 3,050 sq ft 12 bed 3 bath $2400/mo incomeMonthly Income:    Monthly Expenses:            Monthly Cash Flow: Pro Forma Cap Rate:$2,350.00                 $1,728.77                         $621.23                            8.84%NOI                      Total Cash Needed                  Cash on Cash ROI         Purchase Cap Rate$14,147.64               $44,900.00                            16.60%                              8.84%Some of these number have changed for the better since I ran the calculator,  like the seller paying $7500 towards closing and my numbers are ran with me paying closing.

There was a detached garage that I turned into a studio apartment with a full kitchen and full bath with a loft bedroom.

Here are my questions I purchased a property as a 2nd residence in 2018 (3 bedrooms with two full baths and  1.88 acres).

The property in question is in a low income boring neighborhood, 1 block away from very low income area, a block from the bus route, but for some reason it is a little street that has mostly owner occupied houses, that are kept up nicely, and it is a quiet street. 

Renters biggest fear these days is that you'll sell the house and they'll be out on the streets.