-cost to remove and haul off slab ~ $7-$8k-5 city grass cutting liens for $150 each-survey to split lots in 2 ~$1,000Around $10k total to get lots cleared and ready to build on I could list these 2 lots for $30k each.

The house is a triplex and is being nicely renovated inside and outside, but the property itself is an eyesore, as the parking areas are in bad shape, there is no grass, the dirt has washed away and the ground is uneven, and there is no fence. 

That's a Fed law.

@Charlie Fitzgerald  in practice though its the states regulators that hammer one  LOL I know I have had it happened to me... to get the feds on you would have to be big time issues. far more than mom and pop in my mind.

@Jasmine Cotes  you can find all sorts of these mortgage brokers at CLUB FED IE in jailwhat your asking people to do is mortgage fraud and any lender worth his salt would not give you the time of day. 

He did, however, have a property manager whose sole responsibility was to make sure the grass was cut and that no one was breaking in.

. (~4-6 bedrooms here).B-level: Similar criteria to A-level but without the custom built homes, 2-income families can afford to live here and raise a family, backyards for the kids, 1500-2000 sq ft houses (~3 bed/2-bath homes).C-level: Majority of houses under 100K, visual repairs needed in this neighborhood, 1200 sq ft average, houses close together, some properties worn down, grass not cut, porch awnings sagging, concrete stairs crumbling a bit.D-level: Struggling neighborhoods, garbage on the streets, bars on the windows, higher crime, crowded areas, downtown city area, wouldn't want to walk around here at night.F-level: War-zone, "get me outta here" property, makes you nervous to enter the neighborhood even in daylight.That's my basic approach when I think about properties and what areas make the most sense to invest in.

If it really is as described by Kansas City FED, who said that the too big to fail banks are now much bigger and that it would take some 70,000 examiners to inspect these trillion dollar institutions.

It's like yard cleanup in the fall, or grass growing in the summer....

Would it fit in your lifestyle well if you had some local rentals and you would need to go cut the grass and be your own handyman a little.