This area is definitely not as "dangerous" as it was in recent years, but I imagine it would appear too sketchy for many investors.Forest Hills - This has been an "arrived" neighborhood from the day it was conceived.

In fact, your mortgage company could conceivably call your loan since most policies on LTR property specifically state you cannot use them as a vacation rental.

After doing the math on the calculators, and finding that we can (conceivably) obtain a cash on-cash of 9.5% or higher (better than any stock returns as of late), REI still makes sense provided we can find the right deal(s).

Some of them can't even conceive that I would do something like this, but it works.

He said that his own code he lived by was that if he could lay his head down at the end of the night and know that he was in any way closer to reaching his goals than he was the night before (even just one micro barely conceivable step) - then he considered himself successful.

Doing so would be construed as a "Constructive Eviction" and the Tenant could, conceivably, sue the Landlord.

Here is the language straight from the ISO form CG-00 10We will not pay on a replacement cost basis for any loss or damage: (1) Until the lost or damaged property is actually repaired or replaced; and (2) Unless the repairs or replacement are made as soon as reasonably possible after the loss or damage.We will not pay more for loss or dam- age on a replacement cost basis than the least of (1), (2) or (3), subject to f. below: (1) The Limit of Insurance applicable to the lost or damaged property; (2) The cost to replace the lost or damaged property with other property: (a) Of comparable material and quality; and (b) Used for the same purpose; or (3) The amount actually spent that is necessary to repair or replace the lost or damaged propertyIf the insurance company will not pay until construction is finished and will not pay more than the actual amount spent there is no conceivable way to make money from getting a lower bid when you have replacement cost coverage.

Those that have high levels of equity in a property conveniently ignore the value of that equity when calculating cash flow and by doing so can boast positive cash flow in a negative cash flow property.By using there math you can make every conceivable property cash flow at almost any rental amount by simply paying all cash to buy. $ 2M property cash flow with rents at $4000/month no problem. 3M, 4M no problem just buy all cash.

Here is a great calculator that takes into account pretty much every conceivable "number" that you can think of.  

Whatever the mind can conceive and Believe, it can Achieve".