I have also seen neighborhoods transform pretty rapidly.I do not know the south side very well, but I talk to a lot of investors and there are good neighborhoods.  

What an incredible transformation.

I love watching these deals and transformations.  

And while you are at it, don't let those walls go to waste, original artwork will complete the transformation.

A car went through the fence in the backyard of my rental after taking out the electric transformer for the block a couple hours ago.

I can always liquidate the furnishings in my houses and transform them into traditional rentals if things get bad.

Home #4 ( Historic Victorian home)This is home is the most intriguing project and will be our largest and most amazing transformation to date and is drawing much interest in the area.

First steps are to check with the city or county to determine what is required for all approvals including site plan and building permits, proffers, water/sewer tap fees, bonding requirements, inspections and CO process and time frame for all approvals.You also need to check with the utility companies and get an idea of availability and cost estimates from them for water, sewer, power, gas, cable, installation and connection requirements, tap fees, hookup charges, transformer location and relocation, power line and power pole relocation issues.Check to see if you have to install any manholes, fire hydrants, curb, gutter, sidewalks, street signs, street lighting any specific street design or access requirements,.Check Highway Dept requirements for access, stop lights and permits, traffic studiesStormwater requirements for permits, permit fees, time framesThis is a broad overview of the process and your civil engineer can handle all of this but it's good for you to know exactly what's required.You do not want to speculate generating higher CAP rates than the market average.

It was a night and day transformation i thought.

What a transformation!