Driving by a property today to see if makes sense to walk.

Plumbers can separate lines, but trenching and additional work can drive costs into the $5,000 –$10,000 range.

You drive by the property and notice it appears abandoned.

*Another Exciting Development in Charlotte*The Iron District is set to break ground next year (address 905 w morehead st.)The Iron District's strategic location offers easy connections to Uptown, South End, Wesley Heights, Freedom Drive, Camp Greene, I-77, I-277, and Charlotte Douglas International Airport.

Stats are not in your favor but forget the stats as it all depends on the individual's drive, effort and processes. 

@Eli Fazzo, Almost every location is going to have some surprises that you just have to factor in when looking at investing in real estate. 

Not sure where you are, but might be worth the drive.

No improvements needed that could drive up values (and your equity)?

Knowing and understanding the local market and submarket will also drive the assumptions (or the inputs) for the projected returns and valuation (or the outputs). 

Ideally you find something within a 30 minute drive.