The property is literally like 2 blocks from where I work so at least it would be convenient.

New casinos seem to popping up across the country and instead of just gambling they are massive entertainment, dining, and retail centers.

The only way to really take risk on these buildings is to assume you have a solid set of bones or go by outside condition and figure everything inside needs to be replaced. running numbers on anything but this would be pure un educated gambling.

. - My partner would be conveniently located for updating the property. - There would not be a rush to flip the property.Questions: - Would I be able to collect any monthly income, or would I have to wait for sale of the property?

It can be a gamble, but you're playing 2 strategies at once if you're B&H.

Joel, this was a yield chasing gamble, and I did spread my bets.

I loved it for the convenience to manage it.

There are a million things people do for convenience or because of lack of education in a specific area.

The tenant is a physician with family my unit is super convenient to the Harvard medical hospitals.

(No financial affiliation, I just know, like and respect him)In addition, he'll be speaking on exactly that topic on April 16 at Black Diamond (website in signature) at our Worcester meeting, so you can meet and speak with him then.Connect with a local landlord assn, whichever is more convenient for you, and you'll have lots of resources going forward