Check out this chart: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyMake sure you understand the Class of properties you are looking at and the corresponding results to expect.Metro Detroit has 132 cities, the City of Detroit 183 Neighborhoods, which we’re analyzing and classifying.

Houston is a large city and the traffic can be terrible(especially during rush hours).If you do decide to house-hack, I would try to get a house near where you will be working(if possible).Saving 30 minutes or 1 hour everyday is huge.Houston does have a lot of multi-family homes but I find it that the ones that will cash flow are in the undesirable areas.The ones near Montrose or Hermann Park are harder to cash-flow.

It can be tough to learn the right Cities, and neighborhoods that offer the bet prices and highest rents but feel free to ask. 

But in this city, your financing strategy can make or break your deal.Here’s what investors should know about buying, selling, and financing property in Chicago right now.Why Chicago Remains a Strong Market for Real Estate InvestorsChicago offers a combination you rarely find in other major metros:• Affordable entry points• Strong rental demand• Older properties with consistent value-add potential• Diverse neighborhoods suited for nearly every investment strategy• Appraisal upside in revitalizing areasNeighborhoods like Avondale, Bronzeville, North Center, Uptown, Albany Park, Portage Park, and Rogers Park continue to offer a mix of appreciation + cash flow opportunities.Financing Determines Your Strategy — Here Are the Top Programs Investors Use:1.

Our city council is wild.

There is a great investor network in the Twin Cities.

• Filling out the RFTA• Getting the packet approved• Inspection scheduling• Rent reasonableness• Waiting on the first paymentTrying to see if this pain is consistent nationwide or varies a lot by city/HA.

@Stephanie Cortez As RE investing gets more complex and cities like Philly are getting tougher, the savvy investors are doing well and buying up opportunities, the newer investors are often stumbling through their first acquisitions and learning the hard way how resilient they are (or are not) and the folks in the middle are hopefully working on getting smarter and more careful about everything - vetting tenants better, being smart about renovations and maintenance, exploring alternate strategies when necessary. 

Anyone else deal with this kind of insanity near a “city-managed” neighbor?

Since housing is seasonal in many ways using a year-over-year comparison is the correct methodology to use when comparing market conditions.At first glance you might notice that the city of Aledo has a drastically higher median price when compared to last year.