Plus you’re 26 with still historically low rates and 30 yrs ahead of you.

Putting more money into a low income area seems risky, on that type of property.

Hey guys, quick question: I've got 3 girls who seem great and responsible applying for a unit, but their income is just barely too low.

@Nicole De Lia make sure you use conservative rents, high for repairs and expenses, high on property management and also if your taxes are very low then factor in that your taxes may go up sooner than later.

I'm a 20 something with low capital trying to make a first real estate investment work.

The agent said they got a low ball offer today.

The down payment and interest rate seem very low if an investment property.

I think your price to build is a little low.

That way if the appraisal comes in low you have negotiation room but if it comes in high they can't increase the price.

However, I would not advise you to invest in multifamily there as the market is saturated with newer apartment complexes offering great amenities at low prices.