My property will very likely produce a small positive cash flow in the tune of $150 after all expenses including management (despite planning to self manage), but my primary focus is on mortgage pay down, tax deductions and appreciation for the long term, so I can either refinance or 1031 exchange it one day in the distant future.I am in the beginning stage (demo part of the rehab) of my first BRRRR investment!

That being said, prices can be attractive.

Finding the cash flow and cap rate attractive as compared to what is seen in this locality/town. 

@David GarciaBeing on the other side of the world, the most attractive options for you would probably be turnkey or syndications (if you qualify).

You could have something custom built to include both but these will give you a good understanding and starting point.https://www.getrefm.com/produc...https://www.adventuresincre.co...https://www.adventuresincre.co...

The areas we invest in also attract higher rents for market rate tenants than the ACHA fair market rents anyway so it doesn't make sense for us to do. 

Auctions are just another marketing vehicle and are designed to attract higher than average returns to the seller with minimum reserves and buyer fees. 

The stock market plunge is also going to produce some mergers and acquisitions, and that in turn should produce some opportunities for Commercial investors.  

The overall concept of wanting to make a unit/property more attractive to potential tenants is 100% correct.

There are some for 60K which are located in underdeveloped areas, but I did locate a few areas which might seem attractive - those in East Village, Fernwood/Bayview, and Riverwest.