Concern: I can’t decide if being near commercial area is good or bad and I’m concerned that the dumpy area nearby will attract similar renters?

The only other option you could employ on an open market transaction would be hard money, but as an owner occupied property, the LTV would have to be attractive enough for them to want to do it and you they may have issues giving hard money on an owner occupied transaction.No lender is going to pay for repairs prior to close.

This is the attraction of MF, the income typically goes up disproportionally to the purchase price.

@Nic Stergion telling the truth takes skill and does not attract enough prospects.

;-)There is ALSO a possibility that your properties are 'hood' class, D/F and the type of tenant that can be attracted is the one month and 'done' type.  

Hey Connor just curious what attracted you to Foley, AL what did you buy?

There’s no guarantee you would attract that ideal buyer, and an investor won’t look at it the same way. 2.)

I usually go with stainless steel appliances because I think that that and some higher quality countertops make a big difference in attracting renters.

Owner-occupied real estate is more about the benefits or utility of living there which has nothing to do with what the property might attract.

I imagine you would attract the same caliber of professional as a lawyer who was willing to pay the client for the right to represent them in court.