I've also been debating about Marcus Hook but I know that area has been going downhill so I'm not sure if it would be a good idea or not 

If not, you may be stuck.Has this gone downhill since your initial inspection? 

People want to say they live in that zip code.My brother bought in Antioch and unfortunately, that neighborhood went way downhill.  

HOA may not want it, but as far as I know, at least in my regions, they can't stop it.Some people don't like rentals, they see it as a sign of an area going downhill.

If this person has a real drug problem he will try to short you on the rent at some point since all the money will be going towards ATM runs to get more coke...at the point you file for eviction...if that doesn't happen, let sleeping dogs lie, but make sure he goes to M2M lease once the one year expires, so that you can terminate quickly if things do go downhill in the future.

Unless you think there's some possibility of it depreciating (the neighborhood going downhill, etc.) you'll just end up with a nice asset down the road, too.I always looked at equity as a retirement account.  

$ runs downhill" and landlords are no exception.

They screened well but there was a divorce and things went downhill.

I left there eventually and did my own thing for awhile plus people wanted me to do consulting work.You can go in and show problems and what needs to be fixed for an existing restaurant or a start up but if standards are not maintained then it goes back down hill.

I cannot agree more with Kevin's advice.I have been involved in the Detroit market, long distance for the last year and a half, and until I found the right people, in the right places to work with, it was generally downhill.