But one summer was the race riots and that was pretty wild.. my Grandfather would put me in front of the front seat and cover me with a blanket when we went down town to pick up grandma after she got off.. she worked at Gimbles..   

Just make sure to adjust the rent enough to cover the average utility costs and include it clearly in the lease terms.

Living in one side and renting out the other will help cover your mortgage, and after a year, you can move out and keep both units as rentals.

More and more insurers are refusing to cover disaster-prone locations.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

It’s better to have less rooms and to have them large enough to comfortably fit a queen bed.

Sam spent the first 6 months doing demos covered in old dust, working 60 plus hours a week to learn, and cold-called in his free time. 

It sat on 1.5 acres with lots of garden beds and trees.

Real numbers- purchase 907k,rehab , closing costs, soft costs, 840k, all in 1.747 mil, basis for each unit should be roughly 291kappraisal of each unit minimum 400k , so 2.4 mil if for all 6.I might refi only 4 out of 6, that will cover initial loan amount.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.