Condominium Advice
Condo in terrible area are selling cheap 4 units 40k some unit are more expensive, all are 4plexes the most expensive is 75k. This area will eventually turn around but they are currently in foreclosure.
(per building 4units)
HOA Fees: 6000-7200 yrly
est. taxes: 4500 yrly
Monthly rent: 550-600 (2250)
Insurance: ????
does this deal seem good or bad