@Daniel B.There are very few deals in this type of investing IF you are looking for immediate cash flow; other property types may be more attractive. 

The less attractive deals, and ones that don't get snatched up by preferred clients, will end up on LoopNet.  

As to highest and best use, a corner property on a residential street is not an ideal choice for buyer with young children however an enterprising landlord who rents rooms to others might find the corner attractive. 

And are generally mitigated by buying a property that will attract a quality tenant.. if you buy in C and D areas you most defininatly run those risks.

9.75% may be attractive in other markets, but in this scenario, it seems low, no?

So your $900 rental might not look so attractive in a $600 rental neighborhood.

Their equity based lending looks attractive. .ThanksJuanMODERATOR:   PLEASE LIMIT DISCUSSION TO THE LENDER BEING ASKED ABOUT.  

What mattered most to me was that I was in downtown Philadelphia, with easy access to public transportation and most importantly that would attract a roommate right away.

The larger brokerages that teach agents how to think, attract business, how to network and solve problems have the best record.I think what we have in RE education is where most wearing the teacher's hat don't understand laws, ethics, technical aspects of RE or consequences of actions, they are product oriented, the pitch, the deal, the step by step system.

@Trey GoodwinFor flipping, the only "bad" areas are the D-class and war zone areas, but even those areas are attractive to some buy & hold investors, so you can flip a turnkey to another investor.If you stick with B-class areas and above, there truly isn't a bad area in the entire Metroplex.