In a good market I will do them, and am doing one now, but in any other market these types of properties just take a ruthless beating and are next to impossible to sell.Focus on cash flow needs today and get that covered ASAP.

SoCal and the Bay Area are absolutely cut throat when it comes to real estate and it's becoming increasingly impossible to find good rentals for passive income.

In truth, one can rent a house anywhere in baltimore if they know the neighborhood, ,house, its not in an impossible spot, its put toghether correctly, and priced correctly.

Without knowing the scope of the repairs, it is impossible to provide a general idea on this. 

Now if it was recently renovated or you're budgeting in for a renovation right off the bat, that's not too unreasonable, but if you can fix everything in the building for $50K right away, then you'll be in decent shape.On another note, not that this is impossible, but I don't frequently see 25YR notes for 4.5% commercial loans. 

As an agent in this area I would say it's going to be difficult to impossible to find a property more than 1 bedroom that would meet the FHA guidelines. 3bd/1bath in the area is running 210+ and 3 bed/2bth is over the 230mark, and that's if you don't care about location.

better check that current lease, I've seen few threads on here (not sure of company) that made it nearly impossible to get out of the lease.

I picture what you are describing as $100k in unsecured debt, which will be nearly impossible.

It’s not impossible but it is very hard.

Account Closed It is impossible to answer your question with the info you've given.