They have great coffee and food.

The types of tenants who would pay more rent to live in an A building won't put up with the crime and safety issues of a C- 'hood.

And that asbestos is bad stuff- for your own health and safety, I would deal with it first.

I also wish I would have gotten through my thick head that you don't want to own the property, and the idea that the more equity you have the less your return is. yet at the same time it's your safety net if the market falls.

I'm sure there are some food service industry jobs In which you could earn $40k+ a year if you are putting in the hours while looking for a physics job.

I never used my broker license for a full time job even though I kept it active for about 30 years.i closed a few deals for other people and have only one real estate investment deal for myself.As a safety thing, right after you close on an improved property, get an insurance policy that will protect you if there is a loss.  

It really helps to know your area -- the less you know, the larger the margin of safety you need to factor into your purchase price.  

After speaking with a broker in Virgin, UT, I learned that capitalizing on that  Zion national park tourist vacation rental market can be (relatively) pricey and challenging.My investor and I are looking for something close to nature or smack-dab in nature; but, still close enough to modern amenities to resolve any issues should they arise (emergencies/food etc).I learned that if you are in the mountains, you will more than likely not have year round access, no water/rights, 2 hours away from amenities and no management willing to make the drive to check on 1 cabin, needless to say it was a little discouraging to hear. 

As soon as you can comfortably do it or have it arranged, change the exterior door locks to provide you some safety.  

We are particularly interested in areas allowing a great lifestyle (good food, spending heaps of time outside, close to the beach, quick and easy access to great cities, etc) such as California, South West of France, Barcelona, etc...We currently own a 2 bedroom apartment (paid cash) close to the beach and the main English schools in Malta.