You are dealing with a Government entity that at best is semi-responsive. 

If you give me the purchase price, the rent, and the semi-taxes, I will run the numbers for you.

Also wjhat if seller is semi motivated wants out not a whole lot of spread would you do auction then, please advise.

Im worried that our market has not seen the bottom yet and there is still room for real estate to go down, im also worried about appreciation is these so called "semi ghetto areas", yea the cap rates are high but will the homes appreciate at all??

My motivation was to build a rental property business that would allow me to have a semi-passive cash flow that would support my lifestyle and rapidly build wealth for retirement.With rentals, I "make money" at least 5 ways:1.

I just need one good deal to quit my part time job and a few more after that to be fully out of my full time job.I dont have a part time job, but with the 8-5 I do have, it is hard to get the time because time I get home it's about 6 and I try to do drive arounds as soon as I get off for about an hour or less than go home and makes until about 7:45, 8 (not too late), then look up the properties I just got aaannd take care of some personal things, and trying to go to sleep at a semi decent time(which I sacrificed, right now but definitely is going to be worth it) to go to my J-O-B in the morning, early so I can try to look up some more properties before work.

and they have enough equity AND cashflow that they've been semi-retired for a long time.

Also the semi-gloss should be a big enough contrast when layed over the flat walls.

She finally has gotten it semi controlled and is just no trying to sell and get out of it...

If he had been more proactive and did semi regular calls / mailings, they would probably have given him some sales/referrals.