The Buffalo market is still hot and the supply is low, but there is still value there to pick-up.

its rare in this market to buy new construction SFR's for rental purposes... it happened a bunch in 03 to 06.as well as our renters in this market unlike many other markets of the mid west.. they rent apartments not SFR's  granted there are sfr rentals but not nearly to the extent in other markets.99% of the new construction will go to homeowners.. this could cause over supply of apartments though in the area.. it will depend on jobs. like it always does.

Vacation Rentals here too, it can be a headache with different bills coming in and supplies and all that. 

its social and functional obsoleteness at play.. along with supply and demand  more housing than good renters or buyers.. this is what happened in Detroit.. 50k surplus homes..

We are looking to supply investor leads in the Debary, Orange City, Deland, Deltona market on down to Lake Mary in return for using us to represent you in the purchase and sale should you decide to use the lead.

The one caveat we've come up with is that the water supply is not separately metered for the 2 homes, although every other utility there is.

I just signed up with a Broker today and they supplied me an organized list of things i need to order, acquire, or have before i start truly working as an Agent.

I would have no problem if they wanted too, but I will not supply them with my SS# if they ask for it. 

@Meghan McCallum, you need to supply us with the amount of outstanding mortgage, monthly payment, including insurance and taxes. 

This is in a city with a 400,000 person 20 mile radius in the midwest, it is predominantly blue collar and military, it is 39 units 9 garagesHere is the one I like most: Efficiency 2 @ $430= $860                                          Local average $450 1 Bedroom 20 @ $551 = $11,020yr                                       $550 2 Bedroom 17 @ $617=$10,489yr                                         $670 +- 3% Laundry Income  = $360yrCarports & 9 Garages Less Vacancy  % 4 = $909MONTHLY  Income $22,729YEARLY $261,838ExpensesTAXES 2015                                              $42,300 INSURANCE *REPLACEMENT COST      $18,700 WATER/SEWER                                        $12,223 GAS/ELECTRIC                                         $18,329 WASTE                                                      $7100MAINTENANCE/ SUPPLIES / CAP IMPROVEMENTS/ ROOF/ GUTTERS/ ELEVATOR  $22,7kMANAGEMENT *6%                                 $15,382 SNOW/LAWN CARE                                  $2,305LEGAL/MISCELLANEOUS                         $2,592TOTAL EXPENSES AND % OF INCOME 54% $141,556This is located aross the street from a catholic church and grade school on a semi busy street.