That area lost most of its industry decades ago and the people went with it.

By the time he covered eviction costs, lost rental income, and re-renovated after tenant turnovers, any potential gains were erased.Seven years later, his properties had appreciated to about $130,000 each—a 62% increase on paper.

I like it because I can diversify more; which has lessened the risk for me (I have lost alot of money on a property purchase in the past).

Quote from @Drago Stanimirovic: Hi Mark, You're in a fortunate situation with your parents owning a mortgage-free home in a desirable area that has both appreciation potential and rental income opportunities.

The property was occupied (still is) with 1 tenant that I am now having the exhausting pleasure of evicting. 2yrs later, said tenant continues to try every angle to delay the court granted Marshall’s execution.The “2nd” floor was poorly renovated (bad contractors), new tenant moved in and a year later, another eviction process has started as they lost their job and refuse to move or pay.Stuck with a very large mortgage bill (that I am paying), utilities and making small repairs to keep the property up also noting the casual 311 complaints from both tenants. 

Fortunately, I have found investors and contractors that are active investors and do try to see it from my perspective on how to make money in the deals but I agree with the extra opinions and "trust, but verify"

I lost it a year later after a Javascript injection looted something like a quarter of all bitcoin wallets.

(For me it’s $250, which unfortunately or fortunately means many repairs are $250.

It costs too much money in lost deals to make too little in commissions. 

Furthermore, I fortunately had a visit planned to the US right around closing time so I was able to have everything notarized there.