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Edmund Fontana
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Progress Update since I joined BiggerPockets

Edmund Fontana
Posted Feb 19 2019, 16:08

So I have evaluated multiple properties and finally put an offer in👍🏻 Property cash flows $250 and has a 12% cash on cash return. I’m a little nervous though bc it’s in a class D neighborhood. It does qualify for section 8 housing. Offer was for 80K and completely remodeled. It’s definitely turn key- Very nice inside. New appliances, furnace, central air, and roof. Any thoughts on class D neighborhoods? I’m trying to leave emotion out of it. Have a property manager.