It is now 10% cap and cash flows well thanks to the low mortgage rate I got that time.

My long term goal is to invest in a cheap single family home in a decent neighborhood.

After narrowing down the city, I then had to consider what neighborhood should I invest in.

@Travis Kay have you considered reaching out to the builder of Luxtiny (a tiny house park in the Show Low Lakeside area to find out how he did it?

I heard the 1031 super challenge, especially if I have to do out of state since the opportunity in CA is low.  

A vacation rental that the seller has low equity in. 

By understanding how the LTV ratio is calculated, investors can proactively work towards minimizing the ratio amount by ensuring the loan amount is as low as possible, thereby making it easier to have the loan approved as well as securing better interest rates for the loan.

Central location.Garfield Park: Growing area, up and coming.Brownsburg: A/B properties, great schools, growing areaIrvington: Old historic neighborhood, good rents but not high endEagledale - Affordable C class neighborhoodLawrence: ton of rentals, North Lawrence is A - South Lawrence is C.Little Flower - Small neighborhood North of Irvington, not as much presitge but has some historic attractiveness depending on streetHope this helps!

Purchased a single-family home in a newly built neighborhood as my first investment.

I noticed that the PMs wouldn't manage certain properties because of the neighborhoods.