New Investor Looking for Some input

[Kyle Forsythe]

Hello All, 

I am a new investor, and am looking to get into the market. This house is in a B+ area, and this size home if in top condition could fetch around 75-80K in my market. Rent would be upwards of 900-1000 depending on condition. 

I found this house and another that I am looking at in my market, but this one has ALOT of wordage warning me to "verify all info". I really would just like some help breaking down the description to make sure I fully understand this property! I understand the majority of if, and it may be there just as a standard thing... BUT I am worried that it is trying to warn me of something and I could potentially get burned. I've looked a good amount of properties in Akron, OH and have not seen one written quite like this. 

http://www.realtor.com/realestateandhomes-detail/1679-Brown-St_Akron_OH_44301_M35771-49703#photo0

Thanks, 

Kyle

[Kevin Siedlecki]

@Kyle Forsythe - Most of it looks like a very standard description for an online bid site. The part that I have not seen before is the verification for intended use. That might suggest that that the house is a teardown, or there are limits on rentals, but I'd be surprised if a bank would put that in the description. My quick look around the neighborhood on the internet suggests ARV wouldn't be more than $65-70k, and rent $700-800. How did you come to $75-80k and $900-1000?