@Matthew Irish-Jones the gross rental income is $800, however after my expenses, the net income is $400. 

In the DC area most people feel it takes a graduate degree to get an entry level job, but thats part of the culture of our region. 

@Matthew Irish-Jones Unfortunately, I did not give her the brochure.

Almost every major religion has something like this sort of prohibition in place against making significant life-changing decisions right after a death, cultural wisdom built up over thousands of years.

BTW, I ran the avg rents for the area in Realtors Property Resource (RPR), it comes out to $764, and that includes the cultural/hip areas, so you might want to bring that down to $750 at most.  

@Matthew Irish-JonesFairly sure she is just wholesaling...

@Matthew Irish-Jones Hey Matthew what do you think of areas like Seneca street (around Caz Park), kaisertown, lovejoy, and Kensington?

Paddy Realty if you're Irish, Oktoberfest Properties if you're German, Viking Estates for a Swede, Backdoor Homes if you're Greek.

What would be the cost to develop and obviously using a local builder that knows the area and the culture.

@Matthew Irish-Jones that is my current short term goal.