A lower number of active rentals or lower vacancy rates may also correspond with increased levels of neighborhood stability and income.

Hi BP,As I look at deals in my area- Inwood, Riverdale, Bronx, and figure out which should be my first- I am going to need a partner I believe. I am looking to BRRRR 2-4 houses, probably in Mott Haven over the next 2 ...

I found nearly 200 blog posts specifically about FHA loans just by typing "FHA" in the search bar (upper right)http://www.biggerpockets.com/search/wordpress?

There are different levels of what is acceptable in commercial lending, it's not the Wild West where the fastest gun rules. :)  

How are your current consumer debt levels?

I try to match my strategy to my desired level of participation.  

Decima (best selling author/seminar guy) who fixes them up, often to rent out, but also to eventually sell or even tap the equity (but beware how this would add costs, interest, and only can get a loan up to certain level of equity). 

From my estimates, I see that there is $75K needed to get the property to the $245 - $250K level.

Many of these homes are older, and often “fixer-uppers” which translates into even lower purchase prices, which means less money needs to be borrowed.

I personally love the other upper and middle keys.