:shoot: Sorry, it's a sore spot.

For lack of better words, I stuck out like a sore thumb.

There weren’t any eye sores or ugly houses in close proximity to the property in question.Because I don’t plan to live in the duplex for more than a few years, I applied the 1% Rule and 50% Rule as if I weren’t living at the property, and here’s what I found:If I had two tenants, one in each unit, this property would meet the 1% Rule because gross income will be $2140/mo, which is greater than 1% of the purchase price ($1849.50/mo).Also, the 50% rule would be met because $1070 covers my mortgage and P&I (estimated at $826.55+$81.80=$908.35).

I recently brokered a sale at 7201 S Constance a 39 unit courtyard style apartment building in the South Sore neighborhood of Chicago. 

Maybe a good time to get in and start buying before prices sore like MemphisMemphis

Interesting timing of your comment @Jay Hinrichs...I have been the "newbie willing to do anything to get help from a mentor", only to end up sorely disappointed in the direction of that "opportunity".

It would be impossible to wait until everything is at 100%.I need to research "what renters are looking for" in a house and at least focus my early efforts on that so there are no big red flags or sore thumbs sticking out.

Currently its a bit of an eye sore. 

It is an eye sore and would not pass the FHA appraisal.

With at least 3/4 of all my tenant applications filing with extensive disability income due to 'personality disorders' I know that the system is broken.