This will ultimately drive a reversion cash flow amount, which heavily influences reposition projects which are typical for property that is purchased with a going-in cap rate in excess of 10%.

180k Purchase price Worth at least 220k. 0% down payment3.98% interestamortization 40 yearsSeller had an ungrateful tenant living in this property for over 10 years at heavily reduced rent.

I talk to a LOT of investors every week and it seems the numbers are becoming increasingly difficult there.I'm also in CA (up on the Central Coast) and invest heavily in Detroit.

Of the areas you are looking in to, I can only speak to Cleveland.Ohio's market is heavily insulated in regard to the volatility we're more nationally experiencing.

My listing went live a little less than 2 months ago now and it's been heavily booked (30 day is currently at 84% and 60 day is at 47%).

@Travis Raila Find 3-7 markets, research heavily, decide on 1, maybe 2 markets to invest in.

Worthy of note is they were just bought out by sparefoot.com and are investing heavily in their customer service and development team and announced they will be launching a lot of new features, so that could sway your longer term decision.

Buying now unless you are a very heavily “seasoned” investor which most aren’t on here, they shouldn’t elevate their risk by buying now.

If the dollar is toast that means RE is not such a bad place to be assuming you are not buying hot RE that is dependent on future increases and heavily reliant on foreign investors.

We also do not have much in the way of tourist revenue, as Huntsville is heavily dependent on health care revenue and government jobs/funding - right now, those sectors aren't getting clobbered like others are.