I would like to invest 50K total in repairs for the whole property to make it really nice to attract quality tenants.I'm used to making as-is cash offers with my HELOC and then refinancing into a 30yr fixed mortgage with my local bank.

Now personally you can make a deal and doing business with you easy and attractive to a HML like me.

And with that, you’ll attract certain types of tenant.

There are plenty of good tenants with lower income, but they can only afford so much rent, and you can only attract people at a certain income level to live in crappy neighborhoods. 

Bayonne is very attractive for several reasons, based on your goals, and as a licensed NJ realtor, house hacker, and RE investor, I would be very happy to chat about Bayonne with you. 

That’s very attractive space to offer in the greater Boston market. 

Property consist of 216 units & Located in Lawton, OklahomaPurchase Price $28K/Unit - Very Attractive!

Some lenders will also not want a building that is 80% occupied.You might introduce seller financing at this point and make it attractive by emphasizing saving his/her capital gains tax. 

Is this just the nature of using an FHA on a property and the fact that cash flow for FHA loans won't be as attractive as conventional? 

When properties in and around certain parts of Jackson County are selling for higher than ever seen before, it really makes you wonder what the heck is going on and how long it's going to last.It's been good in a lot of ways but it's also challenged and forced a lot of real estate professionals to rethink what they're doing, how they spend their marketing dollars, question the older business models, methods of doing business, and so forth.As a realtor/broker, there's no question that our time is best spent working with sellers and getting as many listings as possible while, of course, focusing on the higher dollar/income spending type of buyers, syndicators, developers, etc.As an investor, the thought of buying turnkeys and utilizing traditional investor types of financing to capitalize on these low interest rates has become very attractive.