Sometime ago the lot had stables (since demolished) & access was immediate to the rear of the duplex property but somehow the access was sold off.

So you make your money when you buy by negotiating a killer deal so creating instant equity, or buying a good business (high stable/increasing demand) with a moat so limiting competition.

It's stable largely because of the people - and the stereotypes of Iowa people being down to earth, and nice - apply. 

Since you asked...Our focus for this winter/spring is a mixed use project...we bought a hotel built in 1870 through a purchase money mortgage...we're adding 3 high-end guest suites for a BnB, building in a 2BR apartment for stable cash flow, and opening a gallery for the local artist community...we have plans for a tap room or wine bar in the future at the same site as well...

Partners want financially stable folks that can follow through with obligations.

He has a relatively stable job and has a good chance of paying off the loan in 30 years.

Overall, they're pretty stable and doing well. 

Doe it have enough upside vs. a traditional value add or stable property, to justify doing the deal.

All our tenants have stable jobs.

I want to start my financial freedom as soon as I get back by obtaining a positive cash flowing property and a full time electrical job, then after a few years go get my degree once I’m financially stable.